BlackletterCalifornia law

Financial Code § 21200.9

CHAPTER 2. Pawnbroker Regulations

Current as of September 28, 2026Fin. Code, § 21200.9Official source ↗

Added by Stats. 2024, Ch. 185, Sec. 3. (SB 1198) Effective January 1, 2025.

In addition to other allowed charges, a pawnbroker may collect a remote transaction fee, if the pledgor elects to request a replacement loan or to redeem a loan through electronic means, of up to 3.0 percent of the transaction amount to cover the recurring costs associated with software applications.