(a) No consumer credit contract shall provide for a security interest in any religious books, religious artifacts, or religious materials, valued at less than five hundred dollars ($500), unless the religious books, artifacts, or materials are specifically pledged as collateral.

(b) Any provision in any contract which provides for a security interest in violation of subdivision (a) shall be void and unenforceable.

Terms Used In California Civil Code 1799.97

  • Contract: A legal written agreement that becomes binding when signed.

(Added by Stats. 1984, Ch. 732, Sec. 1.)