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 2 — Definitions, Section 1802.11
(a) “Amount financed” means the amount required to be disclosed pursuant to paragraph (7) of subdivision (c) of Section 1803.3.
(b) “Unpaid balance” means the cash price of the goods or services which are the subject matter of the retail installment sale, plus the amounts, if any, included in a retail installment sale for insurance and official fees, minus the amount of the buyer’s downpayment in money or goods.
Notes
Defines “amount financed” as the amount required to be disclosed under the referenced contract-disclosure provision. Defines “unpaid balance” as the cash price of the goods or services, plus any insurance and official fees included in the retail installment sale, minus the buyer’s downpayment in money or goods.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1802.11 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-2/chapter-1/article-2/section-1802-11