Section 7454 Of Article 5. Investment In Loans From California Financial Code >> Division 2. >> Chapter 6. >> Article 5.

. Each association is authorized to issue credit cards, extend credit in connection with the cards, and otherwise engage in or participate in credit card operations. The provisions of Title 2 (commencing with Section 1801) of the Civil Code shall not apply to any credit extended by an association pursuant to the provisions of this section.