California Legal Codes and Statutes

§ 22307.5

Added by Stats. 2019, Ch. 708, Sec. 7. (AB 539) Effective January 1, 2020.

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.

Cite this section

Cal. Fin. Code § 22307.5 (2026)
https://ca.codecond.com/codes/fin/division-9-california-financing-law/chapter-2-consumer-loans/article-3-loan-regulations/section-22307.5

Other sections in Article 3 - Loan Regulations

§ 22300§ 22301§ 22302§ 22303§ 22304§ 22304.5§ 22305§ 22306§ 22307§ 22307.5…§ 22337§ 22338§ 22339§ 22340§ 22340.1§ 22341§ 22342§ 22345§ 22346§ 22347

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.