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Code · California · Civil Code

§ 1803.11

82 words·~1 min read·/ca/civil-code/1803-11

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

It shall be unlawful for any seller to solicit buyers, in any advertisement, to enter into a retail installment contract with it if the seller does not intend to sell that retail installment contract to a financing agency or other assignee, unless the advertisement clearly states the periodic rate or range of periodic rates, expressed as an annual percentage rate or a range of annual percentage rates that will be used to determine the finance charge imposed on the retail installment contract.
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