Cal. Fin. Code § 12316

Current through the 2023 Legislative Session.

Section 12316 - Prorater's charge in excess of maximum permitted by division

If a prorater contracts for, receives or makes any charge in excess of the maximum permitted by this division, except as the result of an accidental and bona fide error, the prorater's contract with the debtor shall be void and the prorater shall return to the debtor all charges received from the debtor.

Ca. Fin. Code § 12316

Added by Stats. 1957, Ch. 498.