GroundRules
FIN § 22310
Where this section sits in the code
- Financial Code - FIN
- DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]
- CHAPTER 2. Consumer Loans [22200. - 22470.]
- ARTICLE 3. Loan Regulations [22300. - 22347.]
(a) Except for a rebate or refund pursuant to any administrative, civil, or criminal action, or any act of the commissioner, a rebate or refund required to be made upon payment in full of a loan pursuant to this division need not be made if the aggregate of all rebates or refunds required in connection with a loan is less than one dollar ($1).
(b) No licensee shall contract for or receive any payment required in connection with a loan for the purpose of avoiding a rebate or refund of less than one dollar ($1).
Collected 2026-09-14T05:56:33Z. Source file · JSON