DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 6. Prohibited Practices and Penalties 18435-18457

§ 18439

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

If any amount in excess of the charges permitted by this division, including interest, is charged, contracted for, or received in the making or collection of a contract of loan, except as a result of an accidental and bona fide error in computation, such contract is void and no person has any right to collect or receive the principal, interest, or charges.

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

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California Financial Code

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