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Current as of January 01, 2023 | Updated by FindLaw Staff
If any amount:
(a) In excess of the charges referred to in Section 10241 and limited by Section 10242,
(b) In excess of the charges permitted by Section 10242.5, or
(c) Prohibited by Section 10248.1, is received, the borrower may recover, from the person who shall have taken or received the excess or prohibited amount, three times the amount of the excess or prohibited amount and the borrower shall be entitled to costs and a reasonable attorney's fee; provided that any action for recovery must be brought within two (2) years from the date such excess or prohibited charge was received. However, if the excess or prohibited amount is the result of a bona fide error the borrower may only recover such excess or prohibited amount.
Cite this article: FindLaw.com - California Code, Business and Professions Code - BPC § 10246 - last updated January 01, 2023 | https://codes.findlaw.com/ca/business-and-professions-code/bpc-sect-10246/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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