California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 1.85. CONSUMER CREDIT CONTRACTS |
Section 1799.97.
Latest version.
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(a) No consumer credit contract shall provide for a security interest in any religious books, religious artifacts, or religious materials, valued at less than five hundred dollars ($500), unless the religious books, artifacts, or materials are specifically pledged as collateral.
(b) Any provision in any contract which provides for a security interest in violation of subdivision (a) shall be void and unenforceable.
(Added by Stats. 1984, Ch. 732, Sec. 1.)