Fin. Code, § 22307.5 · Article 3. Loan Regulations

Fin. Code, § 22307.5

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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.

Notes and commentary — not statutory text

History

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

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN&sectionNum=22307.5.
Text hash: sha256 23ef2e569a2e2a5cf8cb848cebceb7c8d3d11c3287e050dff44a8067e389cfba
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.