§ 22307.5

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

A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.

(Added by Stats. 2019, Ch. 708, Sec. 7. (AB 539) Effective January 1, 2020.)

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California Financial Code

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