Financial Code section 22462

The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee’s program, and the borrower’s agreement to the licensee’s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.

Source: Section 22462, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22462. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 22462’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_22462

Original Source: Section 22462, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=22462. (last accessed May 12, 2025).