California § 22309 - Except as provided in Section 22305 and Article 4 (commencing with Section 22400)
Full text of California Public Contract Code - PCC § 22309 — Except as provided in Section 22305 and Article 4 (commencing with Section 22400), with citation guidance and answers to common questions.
§ 22309. Except as provided in Section 22305 and Article 4 (commencing with Section 22400)
Except as provided in Section 22305 and Article 4 (commencing with Section 22400), no charges on loans made pursuant to this division shall be paid, deducted, or received in advance, or compounded. However, if part or all of the consideration for a new loan contract is the unpaid balance of a prior loan, the principal amount payable under the new loan contract may include any unpaid interest that has accrued on the prior loan. The unpaid principal balance of a precomputed loan is the balance due after refund or credit of unearned interest as provided in Section 22400. At the time of making the loan, the licensee shall deliver to the borrower, or, at the direction of the borrower, deliver to another person, an amount equal to the face value of the loan and the note evidencing the loan.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22309
What does Public Contract Code - PCC § 22309 cover?
Section 22309 ("Except as provided in Section 22305 and Article 4 (commencing with Section 22400)") 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 § 22309?
A common citation format is "Public Contract Code - PCC § 22309" (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 § 22309 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.