BlackletterCalifornia law

Financial Code § 22331

ARTICLE 3. Loan Regulations

Current as of September 28, 2026Fin. Code, § 22331Official source ↗

Added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.

No licensee shall take any confession of judgment or any power of attorney, except a power of attorney taken to effectuate the transfer of the ownership of any motor vehicle or mobilehome at the time of making the loan.