Financial Code section 18222

An industrial loan company shall permit payment to be made in advance in any amount on any contract of loan at any time. The industrial loan company shall apply such payment first to all charges due up to the date of such payment and the remainder to the loan balance.

Source: Section 18222, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18222. (updated Jan. 1, 1976; accessed Jun. 9, 2025).

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Last Updated

Jan. 1, 1976

§ 18222’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_18222

Original Source: Section 18222, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=18222. (last accessed May 12, 2025).