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Cal. Financial Code § 21051

Cal. Financial Code § 21051

California · California Financial Code · Status: effective

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Cal. Financial Code § 21051, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815441
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(a) The limitations with respect to rates and charges set forth in Sections 21200 and 21200.5 do not apply to any loan of a bona fide principal amount of two thousand five hundred dollars ($2,500) or more if this section is not used for the purpose of evading this division. (b) In determining whether a loan is a loan of the principal amount of two thousand five hundred dollars ($2,500), Section 22054 shall apply.