Section 22202 Of Article 1. Definitions From California Financial Code >> Division 9. >> Chapter 2. >> Article 1.
22202
. "Charges" do not include any of the following:
(a) Commissions received as a licensed insurance agent or broker
in connection with insurance written as provided in Section 22313.
(b) Amounts not in excess of the amounts specified in subdivision
(c) of Section 3068 of the Civil Code paid to holders of possessory
liens, imposed pursuant to Chapter 6.5 (commencing with Section 3067)
of Title 14 of Part 4 of Division 3 of the Civil Code, to release
motor vehicles that secure loans subject to this division.
(c) Court costs, excluding attorney's fees, incurred in a suit and
recovered against a debtor who defaults on his or her loan.
(d) Fees paid to a licensee for the privilege of participating in
an open-end credit program, which fees are to cover administrative
costs and are imposed upon executing the open-end loan agreement and
on annual renewal dates or anniversary dates thereafter.
(e) Amounts received by a licensee from a seller, from whom the
borrower obtains money, goods, labor, or services on credit, in
connection with a transaction under an open-end credit program that
are paid or deducted from the loan proceeds paid to the seller at the
direction of the borrower and which are an obligation of the seller
to the licensee for the privilege of allowing the seller to
participate in the licensee's open-end credit program. Amounts
received by a licensee from a seller pursuant to this subdivision may
not exceed 6 percent of the loan proceeds paid to the seller at the
direction of the borrower.
(f) Actual and necessary fees not exceeding five hundred dollars
($500) paid in connection with the repossession of a motor vehicle to
repossession agencies licensed pursuant to Chapter 11 (commencing
with Section 7500) of Division 3 of the Business and Professions Code
provided that the licensee complies with Sections 22328 and 22329,
and actual fees paid to a licensee in conformity with Sections 26751
and 41612 of the Government Code in an amount not exceeding the
amount specified in those sections of the Government Code.
(g) Moneys paid to, and commissions and benefits received by, a
licensee for the sale of goods, services, or insurance, whether or
not the sale is in connection with a loan, that the buyer by a
separately signed authorization acknowledges is optional, if sale of
the goods, services, or insurance has been authorized pursuant to
Section 22154.