California § 18638 - A special rebate of precomputed charges shall be made if three or more, but not a
Full text of California Public Contract Code - PCC § 18638 — A special rebate of precomputed charges shall be made if three or more, but not a, with citation guidance and answers to common questions.
§ 18638. A special rebate of precomputed charges shall be made if three or more, but not a
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.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 18638
What does Public Contract Code - PCC § 18638 cover?
Section 18638 ("A special rebate of precomputed charges shall be made if three or more, but not a") 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 § 18638?
A common citation format is "Public Contract Code - PCC § 18638" (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 § 18638 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.