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California Civil Code Section 1803.11

Legal Research Home > California Laws > Civil Code > California Civil Code Section 1803.11

1803.11.  It shall be unlawful for any seller to solicit buyers, in
any advertisement, to enter into a retail installment contract with
it if the seller does not intend to sell that retail installment
contract to a financing agency or other assignee, unless the
advertisement clearly states the periodic rate or range of periodic
rates, expressed as an annual percentage rate or a range of annual
percentage rates that will be used to determine the finance charge
imposed on the retail installment contract.






1803.11.  It shall be unlawful for any seller to solicit buyers, in
any advertisement, to enter into a retail installment contract with
it if the seller does not intend to sell that retail installment
contract to a financing agency or other assignee, unless the
advertisement clearly states the periodic rate or range of periodic
rates, expressed as an annual percentage rate or a range of annual
percentage rates that will be used to determine the finance charge
imposed on the retail installment contract.




Section: Previous  1803.1  1803.2  1803.3  1803.4  1803.5  1803.6  1803.7  1803.8  1803.9  1803.10  1803.11

Last modified: March 17, 2014