Financial Code section 22310

(a)

Except for a rebate or refund pursuant to any administrative, civil, or criminal action, or any act of the commissioner, a rebate or refund required to be made upon payment in full of a loan pursuant to this division need not be made if the aggregate of all rebates or refunds required in connection with a loan is less than one dollar ($1).

(b)

No licensee shall contract for or receive any payment required in connection with a loan for the purpose of avoiding a rebate or refund of less than one dollar ($1).

Source: Section 22310, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22310. (accessed Jun. 2, 2025).

Last Updated

May 12, 2025

§ 22310’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_22310

Original Source: Section 22310, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22310. (last accessed May 12, 2025).