California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 7. INDUSTRIAL LOAN COMPANIES |
Chapter 8. Insurance Premium Financing |
ARTICLE 1. Definitions |
Section 18567.
Latest version.
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As used in this chapter, "finance charge" means any amount which the insured agrees to pay the company in excess of the premium and fees charged by the insurer or producer, and exclusive of the cost of credit life insurance and attorney fees.
(Added by Stats. 1976, Ch. 964.)