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2018 California Code
Corporations Code - CORP
TITLE 4 - SECURITIES
DIVISION 3 - CAPITAL ACCESS COMPANIES
CHAPTER 6 - Transaction of Business
Section 28405.
Universal Citation: CA Corp Code § 28405 (2018)
28405.
This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution. The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution shall not apply to any evidence of indebtedness purchased by any licensee.
(Added by Stats. 1998, Ch. 668, Sec. 3. Effective January 1, 1999. Operative July 1, 1999, by Sec. 4 of Ch. 668.)
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