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California · Through 2026-09-13

CIV § 1916.2

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Where this section sits in the code
  1. Civil Code - CIV
  2. DIVISION 3. OBLIGATIONS [1427. - 3273.91.]
  3. PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]
  4. TITLE 4. LOAN [1884. - 1923.10.]
  5. CHAPTER 3. Loan of Money [1912. - 1916.12.]

The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution do not apply to any loans made by, or forbearances of, a public retirement or pension system that is created, authorized, and regulated by the laws of a state other than California, or the laws of a local agency of a state other than California.

This section establishes as an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution, any public retirement or pension system that is created, authorized, and regulated by the laws of a state other than California, or the laws of a local agency of a state other than California.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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