{"code":"FIN","codeName":"Financial Code","section":"31410","citation":"Fin. Code, § 31410","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS [31000. - 31952.]","url":"https://blackletter.si/financial-code/division-15"},{"name":"CHAPTER 6. Transaction of Business [31400. - 31410.]","url":"https://blackletter.si/financial-code/division-15/chapter-6"}],"history":"Added by renumbering Section 31953 by Stats. 1987, Ch. 867, Sec. 31.","effective":null,"html":"<p>This section creates and authorizes an exempt class of persons pursuant to Section <a href=\"/fin/1\">1</a> of Article XV of the State Constitution. The restrictions upon rates of interest contained in Section <a href=\"/fin/1\">1</a> of Article XV of the State Constitution shall not apply to any loans made by, or forbearances of, any licensee. This section shall apply retroactively to any such loans or forbearances.</p>","text":"This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the State Constitution. The restrictions upon rates of interest contained in Section 1 of Article XV of the State Constitution shall not apply to any loans made by, or forbearances of, any licensee. This section shall apply retroactively to any such loans or forbearances.","otherVersions":[],"url":"https://blackletter.si/financial-code/transaction-of-business-31410","source":"California Legislative Information bulk export (pubinfo)"}