California § 22454 - On open-end loans, the licensee may contract for and receive the fees, costs, and
Full text of California Public Contract Code - PCC § 22454 — On open-end loans, the licensee may contract for and receive the fees, costs, and, with citation guidance and answers to common questions.
§ 22454. On open-end loans, the licensee may contract for and receive the fees, costs, and
On open-end loans, the licensee may contract for and receive the fees, costs, and expenses permitted on other loans, including those permitted by subdivisions (a), (b), (c), and (d) of Section 22313 and subdivision (d) of Section 22314, except that the charge for credit insurance under Section 22314 shall be on a monthly basis and shall be actuarially consistent with the premium rate for the same coverage. This section does not apply to any open-end loan of a bona fide principal amount of ten thousand dollars ($10,000) or more as determined in accordance with Section 22467.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22454
What does Public Contract Code - PCC § 22454 cover?
Section 22454 ("On open-end loans, the licensee may contract for and receive the fees, costs, and") 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 § 22454?
A common citation format is "Public Contract Code - PCC § 22454" (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 § 22454 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.