Financial Code § 7702

ARTICLE 10. Finance Leasing

Current as of September 28, 2026Fin. Code, § 7702Official source ↗

Added by Stats. 1984, Ch. 225, Sec. 8. Effective June 21, 1984.

(a) A lease of tangible personal property made to a natural person for personal, family, or household purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in consumer loans.

(b) A lease made for commercial, corporate, business, or agricultural purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in commercial loans.

(c) A lease of residential or nonresidential real property made pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in real estate loans.