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2020 California Code
Financial Code - FIN
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 3 - Loans and Purchased Obligations
ARTICLE 2 - Terms and Maximum Charges
Section 18220.
Universal Citation: CA Fin Code § 18220 (2020)
18220.
An industrial loan company shall not induce any spouses, jointly or severally, to become obligated, directly or contingently or both, under more than one contract of loan at the same time, with the result of obtaining a higher rate of charge than would otherwise be permitted by this division.
(Amended by Stats. 2016, Ch. 50, Sec. 38. (SB 1005) Effective January 1, 2017.)
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