{"code":"FIN","codeName":"Financial Code","section":"22462","citation":"Fin. Code, § 22462","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 5. Open-End Loan Programs [22450. - 22467.]","url":"https://blackletter.si/financial-code/division-9/chapter-2/article-5"}],"history":"Repealed and added by Stats. 1994, Ch. 1115, Sec. 2.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>The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee’s program, and the borrower’s agreement to the licensee’s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section <a href=\"/fin/22201\">22201</a>, <a href=\"/fin/22311\">22311</a>, or <a href=\"/fin/22312\">22312</a>.</p>","text":"The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee’s program, and the borrower’s agreement to the licensee’s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.","otherVersions":[],"url":"https://blackletter.si/financial-code/open-end-loan-programs-22462","source":"California Legislative Information bulk export (pubinfo)"}