Article 3. Provisions of Retail Installment Contracts - 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.

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: February 16, 2015