§ 22462
52 words·~1 min read·
/ca/financial-code/22462A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The payment of fees for participation in an open-end credit program, the acceptance by a borrower of the form of the licensee’s program, and the borrower’s agreement to the licensee’s program shall not be deemed to be a collateral sale, purchase, or agreement within the terms of Section 22201, 22311, or 22312.