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DIVISION 9. CALIFORNIA FINANCING LAW 22000-22780›CHAPTER 2. Consumer Loans 22200-22470›ARTICLE 5. Open-End Loan Programs 22450-22467

§ 22451

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

If an open-end credit program is not primarily for the purpose of purchasing or leasing goods or services from the licensee, then all credit extended through use of the program, including transactions that involve the purchase or lease of goods or services from the licensee, shall be subject to this division.

(Repealed and added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)

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