2017 California Code
Financial Code - FIN
CHAPTER 1 - General Provisions
ARTICLE 2 - Exceptions to This Division
Section 21051.

Universal Citation: CA Fin Code § 21051 (2017)

(a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two thousand five hundred dollars ($2,500) or more if this section is not used for the purpose of evading this division.

(b) In determining whether a loan is a loan of the principal amount of two thousand five hundred dollars ($2,500), Section 22054 shall apply.

(Amended by Stats. 1987, Ch. 576, Sec. 1.)

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