Financial Code § 18219

ARTICLE 2. Terms and Maximum Charges

Current as of September 28, 2026Fin. Code, § 18219Official source ↗Ask about this

Added by Stats. 1976, Ch. 964.

An industrial loan company shall not induce or permit any borrower to split up or divide any loan and thereby contract for or receive a higher rate of charge than would otherwise be permitted by this division.