California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 6 - California Financing Law
Article 4 - Loans
Section 1458 - Notary Fees
A finance company may not charge or collect from a borrower any consideration for notary services unless such consideration is actually paid to and retained by the notary public who rendered such services. A finance company may not directly or indirectly receive, participate in, or benefit from the consideration paid for said notary services.
1. New NOTE
filed 12-29-83; effective thirtieth day thereafter (Register 83, No.
53).
2. Change without regulatory effect amending NOTE filed 6-14-95
pursuant to section
100, title 1, California Code of
Regulations (Register 95, No. 24).
Note: Authority cited: Section 22150, Financial Code. Reference: Sections 22300, 22303, 22306, 22307 and 22326, Financial Code.