Financial Code - FIN
DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000 - 18707]
( Division 7 repealed and added by Stats. 1976, Ch. 964. ) CHAPTER 1. General Provisions [18000 - 18063]
( Chapter 1 added by Stats. 1976, Ch. 964. ) ARTICLE 1. Definitions [18000 - 18019]
( Article 1 added by Stats. 1976, Ch. 964. ) 18009.
“Principal amount”, as used in this division, means the net amount of money, credit, goods, or things in action received by the debtor or borrower or disbursed on the borrower’s instructions at the time of entering into the transaction.
(Added by Stats. 1976, Ch. 964.)