Cal. Civ. Code § 2981.8

Current through the 2023 Legislative Session.

Section 2981.8 - Finance charge determined in part by precomputed basis and in part by simple interest basis

No contract shall provide for a finance charge which is determined in part by the precomputed basis and in part by the simple-interest basis except for any finance charge permitted by subdivisions (a) and (c) of Section 2982.8.

Ca. Civ. Code § 2981.8

Amended by Stats. 1980, Ch. 1380, Sec. 20. Effective October 1, 1980.