California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 2 — Credit Sales, Chapter 1 — Retail Installment Sales, Article 5 — Finance Charge Limitation, Section 1805.2
Contracts may be payable in successive monthly, semimonthly or weekly installments.
Notes
Allows contracts to require successive monthly, semimonthly, or weekly installment payments. Establishes those three installment frequencies as permitted payment schedules for contracts, allowing successive installments to be structured on a monthly, semimonthly, or weekly basis rather than requiring the entire contract amount to be paid at one time.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1805.2 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-2/chapter-1/article-5/section-1805-2