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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 5. Finance Charge Limitation 1805.1-1805.9

§ 1805.7

California Civil Code · 2020-11 edition · updated 2026-10-04 · California

All contracts entered into between a buyer and a seller on or after January 1, 1983, shall provide for the calculation of the finance charge contemplated by item (1) of subdivision (a) of Section 1805.1 on the simple-interest basis if the date on which the final installment is due, according to the original terms of the contract, is more than 62 months after the date of the contract.

(Added by Stats. 1979, Ch. 805.)

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California Civil Code

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