DIVISION 7. INDUSTRIAL LOAN COMPANIES 18000-18707›CHAPTER 8. Insurance Premium Financing 18560-18643›ARTICLE 1. Definitions 18560-18567

§ 18566

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

As used in this chapter, “principal balance” means the difference between the amount of the premium and fees charged by the insurer or producer and the downpayment on the premium.

(Amended by Stats. 1985, Ch. 297, Sec. 3.)

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California Financial Code

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