Cal. Fin. Code § 22331

Current through the 2023 Legislative Session.

Section 22331 - Taking confession of judgment or power of attorney

No licensee shall take any confession of judgment or any power of attorney, except a power of attorney taken to effectuate the transfer of the ownership of any motor vehicle or mobilehome at the time of making the loan.

Ca. Fin. Code § 22331

Added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.