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Section 18191.5 Of Article 1. General From California Financial Code >> Division 7. >> Chapter 3. >> Article 1.
18191.5
. Sections 18008, 18009, 18010, 18212, 18212.1, and 18214 do
not apply to:
(a) Any bona fide loan of a principal amount of five thousand dollars ($5,000) or more, or to an industrial loan company in connection with any bona fide loan of a principal amount of five thousand dollars ($5,000) or more if the provisions of the section are not used for the purpose of evading this division.
(b) An amount due from a contingent guarantor on his or her obligations purchased under the provisions of this division.
(c) A loan to a primary borrower who has pledged accounts receivable or installment accounts to secure loans which taken in the aggregate amount to five thousand dollars ($5,000) or more.
(a) Any bona fide loan of a principal amount of five thousand dollars ($5,000) or more, or to an industrial loan company in connection with any bona fide loan of a principal amount of five thousand dollars ($5,000) or more if the provisions of the section are not used for the purpose of evading this division.
(b) An amount due from a contingent guarantor on his or her obligations purchased under the provisions of this division.
(c) A loan to a primary borrower who has pledged accounts receivable or installment accounts to secure loans which taken in the aggregate amount to five thousand dollars ($5,000) or more.
