California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 2. SAVINGS ASSOCIATION LAW |
Chapter 1. Short Title, General Definitions, and General Provisions |
ARTICLE 2. General Definitions |
Section 5105.5.
Latest version.
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"Consumer loan" means a loan for personal, family, or household purposes, and loans reasonably incident thereto, and may be made as either open-end or closed-end consumer credit, but does not include credit extended in connection with credit cards or bona fide overdraft loans.
(Added by Stats. 1984, Ch. 225, Sec. 2. Effective June 21, 1984.)