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Earlier editions: 2020-112018-11

DIVISION 8. PAWNBROKERS 21000-21413›CHAPTER 1. General Provisions 21000-21051›ARTICLE 2. Exceptions to This Division 21050-21051

§ 21051

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

(a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two thousand five hundred dollars ($2,500) or more if this section is not used for the purpose of evading this division.

(b) In determining whether a loan is a loan of the principal amount of two thousand five hundred dollars ($2,500), Section 22054 shall apply.

(Amended by Stats. 1987, Ch. 576, Sec. 1.)

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