{"data":{"id":"us-ca/civ-1916.2","jurisdiction":"us-ca","citation":"CIV § 1916.2","heading":"","body":"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.\nThis 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.","path":["Civil Code - CIV","DIVISION 3. OBLIGATIONS [1427. - 3273.91.]","PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS [1738. - 3273.91.]","TITLE 4. LOAN [1884. - 1923.10.]","CHAPTER 3. Loan of Money [1912. - 1916.12.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"5eee1dfe8f1458eb9f8fd972890eebc883df5db1a729169ef08846ac15693073","source_id":"us-ca","stale":false,"prev":"us-ca/civ-1916.1","next":"us-ca/civ-1916.5"},"notice":"GroundRules: Original legal text. Not legal advice."}