California Legal Codes and Statutes

§ 12324

Added by Stats. 1957, Ch. 498.

A prorater shall not:

(a)Offer, pay, or give any cash, fee, gift, bonus, premium, reward, or other compensation to any person for referring any prospective customer to the prorater;
(b)Receive any cash, fee, gift, bonus, premium, reward, or other compensation from any person other than the debtor in connection with his activities as a prorater.

Cite this section

Cal. Fin. Code § 12324 (2026)
https://ca.codecond.com/codes/fin/division-3-check-sellers-bill-payers-and-proraters/chapter-4-licensee-regulations/section-12324

Other sections in Chapter 4 - Licensee Regulations

§ 12300§ 12300.1§ 12300.2§ 12300.3§ 12300.4§ 12300.5§ 12300.6§ 12301§ 12301.1§ 12301.2…§ 12322§ 12323§ 12324§ 12325§ 12326§ 12327§ 12328§ 12329§ 12330§ 12332

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.