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2025 California Code
Financial Code - FIN
DIVISION 9 - CALIFORNIA FINANCING LAW
CHAPTER 2 - Consumer Loans
ARTICLE 5 - Open-End Loan Programs
Section 22462.
Universal Citation:
CA Fin Code § 22462 (2025)
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22462. The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee’s program, and the borrower’s agreement to the licensee’s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.
(Repealed and added by Stats. 1994, Ch. 1115, Sec. 2.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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