Section 22802 - Required disclosures(a) A provider subject to this division shall disclose all of the information in subdivision (b) or in Section 22803, if applicable, to a recipient at the time of extending a specific commercial financing offer to that recipient, and shall obtain the recipient's signature on the disclosure before consummating the commercial financing transaction.(b) Except as provided in Section 22803, a provider subject to this division shall disclose all of the following: (1) The total amount of funds provided.(2) The total dollar cost of the financing.(3) The term or estimated term.(4) The method, frequency, and amount of payments.(5) A description of prepayment policies.(6) The total cost of the financing expressed as an annualized rate.Amended by Stats 2023 ch 376 (SB 33),s 1, eff. 1/1/2024.Added by Stats 2018 ch 1011 (SB 1235),s 2, eff. 1/1/2019.Repealed by Stats 2023 ch 376 (SB 33),s 2, eff. 1/1/2024.Added by Stats 2018 ch 1011 (SB 1235),s 2, eff. 1/1/2019.