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Financial Code § 18205

‹ § 18192§ 18205.5Open in browserleginfo ↗

18205.

Except as otherwise provided for in this division, an industrial loan company shall not make any loan or purchase or discount any other obligation that provides for a repayment of principal over more than 120 months and 30 days.

(Amended by Stats. 1988, Ch. 427, Sec. 1.)