Ca_Law

statute | California

Financial Code - FIN - FIN § 461

Summary

Any debt due a licensee on which interest is past due and unpaid for the period of one year shall be charged off, unless the debt is well secured or is in process of collection.

Text

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 461

    Any debt due a licensee on which interest is past due and unpaid for the period of one year shall be charged off, unless the debt is well secured or is in process of collection.