California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 7. INDUSTRIAL LOAN COMPANIES |
Chapter 8. Insurance Premium Financing |
ARTICLE 4. Limitation on Finance Charges |
Section 18627.
Latest version.
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If the finance charge computed under Section 18626 is less than twenty-five dollars ($25), a minimum finance charge of twenty-five dollars ($25) may be imposed.
(Amended by Stats. 1979, Ch. 984.)