Financial Code section 22307.5

A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.

Source: Section 22307.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22307.5. (accessed May 12, 2025).

Last Updated

May 12, 2025

§ 22307.5’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_22307.5

Original Source: Section 22307.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22307.5. (last accessed May 12, 2025).