California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 2. CREDIT SALES |
Chapter 1. Retail Installment Sales |
ARTICLE 5. Finance Charge Limitation |
Section 1805.9.
Latest version.
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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 Section 1805.8.
(Added by Stats. 1979, Ch. 805.)