California Financial Code

§ 7702

FIN § 7702 Effective Jun 21, 1984Div. 2 · Ch. 6 · Art. 10

Statute text

(a)A lease of tangible personal property made to a natural person for personal, family, or household purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in consumer loans.

(b)A lease made for commercial, corporate, business, or agricultural purposes pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in commercial loans.

(c)A lease of residential or nonresidential real property made pursuant to this section shall be subject to all limitations applicable to the amount of an association’s investment in real estate loans.

Legislative history

Added by Stats. 1984, Ch. 225, Sec. 8. Effective June 21, 1984.