Section 22307.5.

Cal. Financial Code - FIN § 22307.5.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A licensee shall not charge, impose, or receive any penalty for the prepayment of a loan. This section does not apply to a loan secured by real property.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements