Ca_Law

statute | California

Financial Code - FIN - FIN § 12318

  • UIDca_leginfo_codes:fin-12318
  • CitationFinancial Code - FIN - FIN § 12318
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

A prorater shall not take: (a) Any contract, promise to pay, or other instrument which has any blank spaces when signed by a debtor; (b) Any negotiable instrument for the prorater’s charges; (c) Any note, wage assignment, real estate or chattel mortgage, or other security to secu

Text

A prorater shall not take:
(a)
Any contract, promise to pay, or other instrument which has any blank spaces when signed by a debtor;
(b)
Any negotiable instrument for the prorater’s charges;
(c)
Any note, wage assignment, real estate or chattel mortgage, or other security to secure the prorater’s charges;
(d)
Any confession of judgment or power of attorney to confess judgment against the debtor or to appear for the
debtor in a judicial proceeding.
(e)
Concurrent with the signing of the contract or as part of the contract or as part of the application for the contract a release of any obligation to be performed on the part of the prorater.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 12318

    A prorater shall not take: (a) Any contract, promise to pay, or other instrument which has any blank spaces when signed by a debtor; (b) Any negotiable instrument for the prorater’s charges; (c) Any note, wage assignment, real estate or chattel mortgage, or other security to secure the prorater’s charges; (d) …