California Statutes

§ 4979.6. — 4979.6. (Added by Stats. 2001, Ch. 732, Sec. 1.)

California § 4979.6.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.7.DIVISION 1.7. COVERED LOANS
Ch. 3.CHAPTER 3. Enforcement

This text of California § 4979.6. (4979.6. (Added by Stats. 2001, Ch. 732, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 4979.6. (2026).

Text

A person who originates a covered loan shall not make a covered loan that finances points and fees in excess of one thousand dollars ($1,000) or 6 percent of the original principal balance, exclusive of points and fees, whichever is greater.

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Legislative History

Added by Stats. 2001, Ch. 732, Sec. 1. Effective January 1, 2002. Applicable, by Sec. 3 of Ch. 732, to consumer loans applied for on or after July 1, 2002.

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California § 4979.6., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/4979.6..