Cal. Fin. Code § 18587

Current through the 2023 Legislative Session.
Section 18587 - Provisions inapplicable to bona fide loan

The provisions of Sections 18607, 18625, and 18626 shall not apply to any bona fide loan with a principal amount of two thousand five hundred dollars ($2,500) or more or to a premium finance agency in connection with such loans if the provisions of this section are not used for the purpose of evading this division.

Ca. Fin. Code § 18587

Amended by Stats. 1986, Ch. 598, Sec. 1.