2011 California Code
Financial Code
DIVISION 9. CALIFORNIA FINANCE LENDERS LAW [22000 - 22780]
ARTICLE 5. Open-End Loan Programs
Section 22462
The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee s program, and the borrower s agreement to the licensee s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.
(Repealed and added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)
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