{"code":"FIN","codeName":"Financial Code","section":"22310","citation":"Fin. Code, § 22310","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]","url":"https://blackletter.si/financial-code/division-9"},{"name":"CHAPTER 2. Consumer Loans [22200. - 22470.]","url":"https://blackletter.si/financial-code/division-9/chapter-2"},{"name":"ARTICLE 3. Loan Regulations [22300. - 22347.]","url":"https://blackletter.si/financial-code/division-9/chapter-2/article-3"}],"history":"Added by Stats. 1994, Ch. 1115, Sec. 2.   Effective January 1, 1995.   Operative July 1, 1995, by Sec. 5 of Ch. 1115.","effective":"1995-01-01","html":"<p>(a) Except for a rebate or refund pursuant to any administrative, civil, or criminal action, or any act of the commissioner, a rebate or refund required to be made upon payment in full of a loan pursuant to this division need not be made if the aggregate of all rebates or refunds required in connection with a loan is less than one dollar ($1).</p><p>(b) No licensee shall contract for or receive any payment required in connection with a loan for the purpose of avoiding a rebate or refund of less than one dollar ($1).</p>","text":"(a) Except for a rebate or refund pursuant to any administrative, civil, or criminal action, or any act of the commissioner, a rebate or refund required to be made upon payment in full of a loan pursuant to this division need not be made if the aggregate of all rebates or refunds required in connection with a loan is less than one dollar ($1). (b) No licensee shall contract for or receive any payment required in connection with a loan for the purpose of avoiding a rebate or refund of less than one dollar ($1).","otherVersions":[],"url":"https://blackletter.si/financial-code/loan-regulations-22310","source":"California Legislative Information bulk export (pubinfo)"}