{"code":"FIN","codeName":"Financial Code","section":"18587","citation":"Fin. Code, § 18587","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","url":"https://blackletter.si/financial-code/division-7"},{"name":"CHAPTER 8. Insurance Premium Financing [18560. - 18643.]","url":"https://blackletter.si/financial-code/division-7/chapter-8"},{"name":"ARTICLE 2. General [18580. - 18596.]","url":"https://blackletter.si/financial-code/division-7/chapter-8/article-2"}],"history":"Amended by Stats. 1986, Ch. 598, Sec. 1.","effective":null,"html":"<p>The provisions of Sections <a href=\"/fin/18607\">18607</a>, <a href=\"/fin/18625\">18625</a>, and <a href=\"/fin/18626\">18626</a> shall not apply to any bona fide loan with a principal amount of two thousand five hundred dollars ($2,500) or more or to a premium finance agency in connection with such loans if the provisions of this section are not used for the purpose of evading this division.</p>","text":"The provisions of Sections 18607, 18625, and 18626 shall not apply to any bona fide loan with a principal amount of two thousand five hundred dollars ($2,500) or more or to a premium finance agency in connection with such loans if the provisions of this section are not used for the purpose of evading this division.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-18587","source":"California Legislative Information bulk export (pubinfo)"}