California Financial Code Section 18205

CA Fin Code § 18205 (2017)  

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.

(Amended by Stats. 1988, Ch. 427, Sec. 1.)

Last modified: October 25, 2018