There is a newer version of the California Code
2016 California Code
Financial Code - FIN
DIVISION 9 - CALIFORNIA FINANCE LENDERS LAW
CHAPTER 2 - Consumer Loans
ARTICLE 3 - Loan Regulations
Section 22331.
CA Fin Code § 22331 (2016) What's This?
22331. No licensee shall take any confession of judgment or any power of attorney, except a power of attorney taken to effectuate the transfer of the ownership of any motor vehicle or mobilehome at the time of making the loan.
(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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