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DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 1. General Provisions 18000-18063›ARTICLE 1. Definitions 18000-18019

§ 18009

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

“Principal amount”, as used in this division, means the net amount of money, credit, goods, or things in action received by the debtor or borrower or disbursed on the borrower’s instructions at the time of entering into the transaction.

(Added by Stats. 1976, Ch. 964.)

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California Financial Code

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