There is a newer version of the California Code
2011 California Code
Civil Code
DIVISION 3. OBLIGATIONS [1427 - 3272.9]
TITLE 1.3. CREDIT CARDS
Section 1747.40
CA Civ Code § 1747.40 (through 2012 Leg Sess) What's This?
If a card issuer fails to give a timely response to an inquiry of a cardholder concerning any debit or credit applicable to an obligation incurred through the use of a credit card, he shall not be entitled to interest, finance charges, service charges, or any other charges thereon, from the date of mailing of the inquiry to date of mailing of the response.
(Added by Stats. 1971, Ch. 1019.)
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