ARTICLE 3. Disclosure and Loan Documents

Article 3 added by Stats. 1976, Ch. 964.

§§ 18230–18235 · 5 sections

• § 18230 Each industrial loan company shall display prominently in each place of business a full and accurate schedule of the maximum charges to be made and the method…
• § 18231 Each industrial loan company shall: (a) Deliver or cause to be delivered to the borrowers, or any one thereof, at the time the loan is made, a written…
• § 18233 An industrial loan company shall deliver or cause to be delivered to the person making any payment in person in cash at any office of the company, at the time…
• § 18234 An industrial loan company shall upon repayment of any loan in full, cancel or plainly mark “paid” and return to the borrower or person making final payment,…
• § 18235 An industrial loan company shall not take any note, promise to pay, or security agreement that does not accurately disclose the actual amount of the loan, the…