Cal. Fin. Code § 22462

Current through the 2024 Legislative Session.

Section 22462 - Agreement not deemed collateral sale, purchase or agreement

The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee's program, and the borrower's agreement to the licensee's program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.

Ca. Fin. Code § 22462

Repealed and added by Stats. 1994, Ch. 1115, Sec. 2.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