California § 18212.2 - In addition to the charges authorized by Section 18212 or 18212.1 an industrial l
Full text of California Public Contract Code - PCC § 18212.2 — In addition to the charges authorized by Section 18212 or 18212.1 an industrial l, with citation guidance and answers to common questions.
§ 18212.2. In addition to the charges authorized by Section 18212 or 18212.1 an industrial l
In addition to the charges authorized by Section 18212 or 18212.1 an industrial loan company may contract for and receive an administrative fee, which shall be fully earned immediately upon making the loan, with respect to a loan of a principal amount of not more than two thousand five hundred dollars ($2,500) at a rate not in excess of 5 percent of the principal amount or fifty dollars ($50), whichever is lesser. No administrative fee may be contracted for or received in connection with refinancing a loan unless at least one year has elapsed since receipt of a previous administrative fee paid by the borrower.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 18212.2
What does Public Contract Code - PCC § 18212.2 cover?
Section 18212.2 ("In addition to the charges authorized by Section 18212 or 18212.1 an industrial l") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 18212.2?
A common citation format is "Public Contract Code - PCC § 18212.2" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 18212.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.