reglab/housing_qa huggingface dataset:
CA Fin Code § 18611 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 3 - Provisions of Premium Finance Agreements|Section 18611.

18611.  At the time of mailing the notice required by Section 18606 or 18608, the employee of the company who is doing the mailing shall prepare and sign an affidavit setting forth the following:(a) The name and address of the employee doing the mailing.(b) That the employee is over 18 years of age.(c) The date and place of deposit in the mail.(d) The addressee’s name and address as shown on the envelope mailed.(e) That the envelope weas sealed and deposited in the mail with the postage thereon fully paid.An affidavit of mailing, prepared as prescribed in this section, shall raise a rebuttable presumption that the notice was mailed to the addressee stated in the affidavit.(Repealed and added by Stats. 1976, Ch. 964.)
CA Fin Code § 18625 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18625.

18625.  A premium finance agency shall not, except as otherwise provided by law, impose, take, receive, reserve or charge a finance charge which in the aggregate is greater than that which is permitted by this article.(Repealed and added by Stats. 1976, Ch. 964.)
CA Fin Code § 18626 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18626.

18626.  A premium finance agency may, in a premium finance agreement, contract for, charge, receive, and collect a finance charge which shall not exceed in the aggregate:(a) Two percent per month on that part of the unpaid principal balance of any loan up to, including, but not in excess of, one thousand dollars ($1,000).(b) One percent per month on any remainder of such unpaid principal balance in excess of one thousand dollars ($1,000).As used in this article “consumer insurance premium finance loan” shall mean an insurance premium finance loan where the insurance policies which are security for the loan are for personal, family or household use.(c) As an alternative to the charges authorized by subdivisions (a) and (b), a premium finance agency may contract for and receive charges at a rate not exceeding 1.6 percent per month on the unpaid principal balance.(Amended by Stats. 1983, Ch. 356, Sec. 3.)
CA Fin Code § 18627 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18627.

18627.  If the finance charge computed under Section 18626 is less than twenty-five dollars ($25), a minimum finance charge of twenty-five dollars ($25) may be imposed.(Amended by Stats. 1979, Ch. 984.)
CA Fin Code § 18628 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18628.

18628.  The finance charge may be computed from the effective date of the insurance coverage, provided that the company shall pay the premium due the insurer, either:(a) Within 30 days from the effective date of the insurance coverage; or(b) Within 30 days after the receipt by the company of a proper premium finance agreement; or(c) Within 15 days after the company has mailed to the insured, notice of a revised finance agreement pursuant to Section 18606 whichever is later.If the conditions of subdivision (a), (b), or (c) are not met the finance charge shall be computed from the date the proceeds of the loan are forwarded to the insurer. In the event the company receives a proper premium finance agreement later than 60 days from the effective date of the policy financed, a proportioned adjustment of the finance charge shall be made after such 60-day period.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18629 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18629.

18629.  Notwithstanding the provisions of any premium finance agreement to the contrary, any insured may pay the obligation in full at any time before maturity of the final installment. If he does so, he shall receive a refund credit of the unearned finance charge computed in accordance with Section 18635 or 18637, except where the amount of the refund credit is less than one dollar ($1) no refund need be made, and except that where the earned finance charge amounts to less than the minimum finance charge permitted by Section 18627, the company may retain as an earned finance charge a sum equal to the minimum permitted by Section 18627 or the maximum prescribed by Section 18627, whichever is applicable.(Amended by Stats. 1979, Ch. 270.)
CA Fin Code § 18630 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18630.

18630.  In the event that the insurance policy or policies which are the subject of a premium finance agreement are canceled by the insured or by the insurer, for any cause, the insured shall be entitled to receive a refund credit of the unearned finance charge. This refund credit shall be calculated in the same manner as prescribed in Section 18629, and shall be paid to the insured within a reasonable time.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18631 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 4 - Limitation on Finance Charges|Section 18631.

18631.  (a) A premium finance agreement may provide for the payment of a default charge of one dollar ($1) to a maximum of 5 percent of the delinquent installment, in the event of a default for a period of not less than 10 days in the payment of any scheduled installment under the terms of a premium finance agreement. That charge may not be collected more than once for the same default and may be collected at the time of the default or at any time thereafter. If the default charge is deducted from any payment received after default occurs, and the deduction results in the default of a subsequent installment, no charge may be made for the resulting default.(b) A premium finance agreement may provide for the payment of a dishonored check fee not to exceed fifteen dollars ($15) for actual expenses incurred in the processing of a dishonored check.(Amended by Stats. 2000, Ch. 101, Sec. 1. Effective January 1, 2001.)
CA Fin Code § 18634 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18634.

18634.  This article is applicable only to premium finance agencies.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18635 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18635.

18635.  Whenever the interest or charges, or interest and charges deducted in advance exceed the maximum provided by this division, by reason of subsequent repayment of the loan, a new loan, refinancing, or otherwise, or any portion thereof prior to maturity, such excess shall be rebated to the borrower or credited on any balance owing by the borrower to the company. The rebate shall be the difference between the total of the precomputed charge, any charge for extending the first due date, plus any default or deferment charges and the charges at the contract rate computed on unpaid principal balances for the number of days actually elapsed by applying each payment first to charges and the remainder to principal. The tender, by the borrower or at his request, of an amount equal to the unpaid balance less the required rebate must be accepted by the company in full payment of the loan contract.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18636 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18636.

18636.  (a) As an alternative to the provisions of Section 18635, if a loan is repayable in substantially equal and consecutive monthly installments of principal and charges combined, the first of which is due not less than 15 days nor more than one month and 15 days from the date the loan is made, a company may precompute charges and apply payments as provided in this article.(b) The total charges which would be earned if the loan contract were repaid exactly according to its terms, at the monthly rate stated in the loan contract, may be precomputed when the loan is made and added to the principal of the loan. Every payment may be applied to the combined total of principal and precomputed charges until the loan contract is fully paid.(c) The portion of the precomputed charge applicable to any particular monthly installment period shall bear the same ratio to the total precomputed charge, excluding any adjustment made for a first period of more or less than one month, as the balance scheduled to be outstanding during that monthly period bears to the sum of all monthly balances scheduled originally by the loan contract.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18637 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18637.

18637.  If a loan contract made under Section 18636 is prepaid in full by cash, a new loan, refinancing or otherwise before the final installment date, the borrower shall receive a rebate of the portion of the precomputed charge applicable to the full installment periods following the installment date nearest the date of such prepayment; provided, however, that if prepayment in full occurs on or before the third installment date the rebate shall be the difference between the total precomputed charge and the charges at the contract rate computed on unpaid principal balances by applying each payment first to charges and the remainder to principal. After the third installment date, any prepayment made on or before the 15th day following an installment date shall be deemed to have been made on the installment date preceding such prepayment. The tender, by the borrower or at his request, of an amount equal to the unpaid balance less the required rebate must be accepted by the company in full payment of the loan contract.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18638 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18638.

18638.  A special rebate of precomputed charges shall be made if three or more, but not all, installments are prepaid in full at any one time either in one transaction or over a period of time on a loan made under Section 18636. The special rebate shall be equal to the portion of precomputed charge applicable to the last installment period multiplied by the total number of full installment periods such installments and any subsequent installments are prepaid. Such special rebate shall be computed and made at the termination of the loan contract and shall be an addition to any required rebate for prepayment in full.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18640 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18640.

18640.  A deferment charge may be charged and collected on a loan made under Section 18636 if the payment date of all wholly unpaid installments on which no default charge has been collected is deferred one or more full months and the loan contract so provides. Such deferment charge shall not exceed the portion of precomputed charge applicable, prior to deferment, to the first deferred monthly installment period multiplied by the number of months the maturity of the contract is deferred. Such number of months shall not exceed the number of full installments which are in default on the date of deferment or which may become due within 15 days of such date. When a deferment charge is made, no portion of the precomputed charge shall apply to the installment periods in which no installment payment is required by reason of the deferment. In computing any default charge or required rebate, the portion of the precomputed charge applicable to each deferred balance and installment period following the deferment period and prior to the deferred maturity shall remain the same as that applicable to such balances and periods under the original contract of loan. Such charge may be collected at the time of deferment or at any time thereafter. Any payment received at the time of deferment may be applied first to the deferment charge and the remainder, if any, applied to the unpaid balance of the loan contract; provided, however, if such payment is sufficient to pay, in addition to the appropriate deferment charge, any installment which is in default and the applicable default charge, it shall be first so applied and any such installment shall not be deferred nor subject to the deferment charge.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18642 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18642.

18642.  If the maturity of a loan made under Section 18636 is accelerated for any reason, the company shall make the same refund or credit as would be required if the loan contract was paid in full on the date of acceleration and the unpaid balance shall be treated as the unpaid principal balance and thereafter the unpaid balance of the loan contract shall bear charges at the agreed rate of charge if the loan contract so provides.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18643 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 8 - Insurance Premium Financing|ARTICLE 5 - Charges on Scheduled Balances|Section 18643.

18643.  Notwithstanding any other provision of law not within this article, with respect to precomputed loans, premium finance agencies derive authority only from this article.(Added by Stats. 1979, Ch. 270.)
CA Fin Code § 18661 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18661.

18661.  Each application filed with the commissioner under this chapter or under any rule or order issued under this chapter shall be in the form, shall contain the information, shall be signed in the manner, and shall (if the commissioner requires by rule or order) be verified in the manner that the commissioner may by rule or order require.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18662 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18662.

18662.  (a) Each foreign (other state) industrial loan company that maintains a facility or a California branch office shall file with the commissioner such reports as and when the commissioner may by rule or order require.(b) Each report filed with the commissioner under this chapter or under any rule or order issued under this chapter shall be in the form, shall contain the information, shall be signed in the manner, and shall (if the commissioner so requires by rule or order) be verified in the manner that the commissioner may by rule or order require.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18663 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18663.

18663.  Each foreign (other state) industrial loan company that maintains a facility or a California branch office shall make, keep, and preserve at the facility or branch office or at another place that the commissioner may by rule or order approve, the books, accounts, and other records relating to the business of the office, in the form, in the manner, and for the time that the commissioner may by rule or order provide.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18664 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18664.

18664.  Fees shall be paid to, and collected by, the commissioner as follows:(a) Each foreign (other state) industrial loan company that on July 1 of any year maintains a California branch office shall pay, on or before December 20 of that year, the assessment levied under Section 18351.(b) Each foreign (other state) industrial loan company that on June 1 of any year maintains a facility but no California branch office shall pay, on or before the following July 1, a fee of two hundred fifty dollars ($250) for each facility.(c) If the commissioner makes an examination of a foreign (other state) industrial loan company that maintains a California branch office, the industrial loan company shall pay a fee for the examination in the sum of fifty dollars ($50) per hour for each examiner engaged in the examination plus, if in the opinion of the commissioner it is necessary for any examiner engaged in the examination to travel outside this state, the travel expenses of the examiner.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18665 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18665.

18665.  (a) Any foreign (other state) industrial loan company is exempted from the restrictions of Section 1 of Article XV of the California Constitution relating to rates of interest upon the loan or forbearance of any money, goods, or things in action or on accounts after demand.(b) This section does not exempt a foreign (other state) industrial loan company or any subsidiary, as defined in Section 189 of the Corporations Code, from complying with all other laws and regulations governing the business in which the industrial loan company or subsidiary is engaged.(c) This section creates and authorizes an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18666 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 1 - General Provisions|Section 18666.

18666.  The commissioner is authorized to adopt rules to implement this chapter similar to regulations adopted by the Superintendent of Banks under similar provisions of law contained in Division 1 (commencing with Section 99), and for the same or similar reasons regulations are adopted by the Superintendent of Banks. The authority granted to the commissioner by this section is in addition to the authority granted to the commissioner under Section 18347.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18670 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 2 - Facilities of Insured Foreign (Other State) Industrial Loan Companies|Section 18670.

18670.  No provision of this article applies to an insured foreign (other state) industrial loan company that maintains a California branch office.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18671 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 2 - Facilities of Insured Foreign (Other State) Industrial Loan Companies|Section 18671.

18671.  (a) No foreign (other state) industrial loan company may establish or maintain an office in this state at which it engages in noncore industrial loan company business unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).(b) (1) No person may establish or maintain an office in this state as representative of an insured foreign (other state) industrial loan company unless the industrial loan company complies with this article and applicable provisions of Article 1 (commencing with Section 18660).(2) For purposes of this article, if any person establishes or maintains an office in this state as representative of an insured foreign (other state) industrial loan company, the insured foreign (other state) industrial loan company is deemed to establish and maintain the office as a facility.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)
CA Fin Code § 18672 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 10 - Foreign (Other State) Industrial Loan Companies: Agency Activities|ARTICLE 2 - Facilities of Insured Foreign (Other State) Industrial Loan Companies|Section 18672.

18672.  Not less than 30 days before an insured foreign (other state) industrial loan company establishes a facility, it shall file with the commissioner a report and the appointment called for in Section 18673.(Added by Stats. 1995, Ch. 479, Sec. 7. Effective October 2, 1995.)