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.)
California Legal Code
§ 18205
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=7.&title=&part=&chapter=3.&article=2.· Version 2026