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2019 California Code
Financial Code - FIN
DIVISION 2 - SAVINGS ASSOCIATION LAW
CHAPTER 6 - Investment Operations
ARTICLE 10 - Finance Leasing
Section 7702.
Universal Citation: CA Fin Code § 7702 (2019)
7702.
(a) A lease of tangible personal property made to a natural person for personal, family, or household purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in consumer loans.
(b) A lease made for commercial, corporate, business, or agricultural purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in commercial loans.
(c) A lease of residential or nonresidential real property made pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in real estate loans.
(Added by Stats. 1984, Ch. 225, Sec. 8. Effective June 21, 1984.)
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