DIVISION 3. OBLIGATIONS 1427-3272.9›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273›TITLE 2. CREDIT SALES 1801-1812.35›CHAPTER 1. Retail Installment Sales 1801-1812.20›ARTICLE 5. Finance Charge Limitation 1805.1-1805.9
§ 1805.8
California Civil Code · 2018-11 edition · updated 2026-10-04 · California
The maximum rate of finance charge which may be imposed on amounts advanced by the holder subsequent to the execution of the contract for insurance, repairs to or preservation of the goods, or preservation of the holder’s security interest therein, shall not exceed the annual percentage rate disclosed pursuant to item (b) of Section 1803.3.
(Amended by Stats. 1981, Ch. 1075, Sec. 9. Operative October 1, 1982, or sooner, by Sec. 25 of Ch. 1075, as amended by Stats. 1982, Ch. 129, Sec. 12.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code