DIVISION 3. OBLIGATIONS 1427-3273›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273.16›TITLE 2. CREDIT SALES 1801-1812.35›CHAPTER 1. Retail Installment Sales 1801-1812.20›ARTICLE 3. Provisions of Retail Installment Contracts 1803.1-1803.11
§ 1803.11
California Civil Code · 2020-11 edition · updated 2026-10-04 · California
It shall be unlawful for any seller to solicit buyers, in any advertisement, to enter into a retail installment contract with it if the seller does not intend to sell that retail installment contract to a financing agency or other assignee, unless the advertisement clearly states the periodic rate or range of periodic rates, expressed as an annual percentage rate or a range of annual percentage rates that will be used to determine the finance charge imposed on the retail installment contract.
(Added by Stats. 1991, Ch. 819, Sec. 1.)
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