California Financial Code 22300 – No licensee shall directly or indirectly charge, contract for, or …
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No licensee shall directly or indirectly charge, contract for, or receive any interest or charge of any nature unless a loan is made.
(Added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)
Terms Used In California Financial Code 22300
- Contract: A legal written agreement that becomes binding when signed.