Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 3.: DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS/Ch. 4.: CHAPTER 4. Licensee Regulations/§ 12316.
California Statutes

§ 12316. — 12316. (Added by Stats. 1957, Ch. 498.)

California § 12316.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 3.DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS
Ch. 4.CHAPTER 4. Licensee Regulations

This text of California § 12316. (12316. (Added by Stats. 1957, Ch. 498.)) 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 § 12316. (2026).

Text

If a prorater contracts for, receives or makes any charge in excess of the maximum permitted by this division, except as the result of an accidental and bona fide error, the prorater’s contract with the debtor shall be void and the prorater shall return to the debtor all charges received from the debtor.

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Legislative History

Added by Stats. 1957, Ch. 498.
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California § 12316., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PEN/12316..