(a) The commissioner may require that rates of charge, if stated by a licensee, be stated fully and clearly in the manner that the commissioner deems necessary to prevent misunderstanding by prospective borrowers or property owners.
(b) This section shall become operative on January 1, 2019.
(Repealed (in Sec. 61) and added by Stats. 2017, Ch. 475, Sec. 2. (AB 1284) Effective October 4, 2017. Section operative January 1, 2019, by its own provisions.)
Last modified: October 25, 2018