TITLE 4. SECURITIES 25000-31516›DIVISION 3. CAPITAL ACCESS COMPANIES 28000-28958›CHAPTER 6. Transaction of Business 28400-28405

§ 28405

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

This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution. The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution shall not apply to any evidence of indebtedness purchased by any licensee.

(Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.)

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California Corporations Code

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