Financial Code section 18205

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.

Source: Section 18205, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18205. (updated Jan. 1, 1988; accessed Jun. 9, 2025).

18205
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18206
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Last Updated

Jan. 1, 1988

§ 18205’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18205

Original Source: Section 18205, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18205. (last accessed May 12, 2025).