California Codes, Business and Professions Code - BPC, Division 7 — General Business Regulations, Part 3 — Representations to the Public, Chapter 4 — Fixed Term Installment Contracts, Section 17840
This chapter shall not be interpreted to prevent a buyer from paying the full remaining balance of a fixed term installment contract before its maturity.
Notes
Allows a buyer to pay the entire remaining balance of a fixed-term installment contract before the contract reaches maturity. The chapter may not be interpreted to prevent such early payoff, and the provision states no separate penalty, notice requirement, fee, or exception to that right.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 17840 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-7/part-3/chapter-4/section-17840