CHAPTER 2. Deferred Deposit Transactions

Chapter 2 added by Stats. 2002, Ch. 777, Sec. 10.

§§ 23035–23038 · 4 sections

• § 23035 (a) A licensee may defer the deposit of a customer’s personal check for up to 31 days, pursuant to the provisions of this section. The face amount of the check…
• § 23036 (a) A fee for a deferred deposit transaction shall not exceed 15 percent of the face amount of the check. (b) A licensee may allow an extension of time, or a…
• § 23037 In no case shall a licensee do any of the following: (a) Accept or use the same check for a subsequent transaction, or permit a customer to pay off all or a…
• § 23038 (a) Any person who violates any provision of Section 987 of Title 10 of the United States Code, as amended by 126 Stat. 1785 (Public Law 112-239), or any…