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 6 — Payments, Section 1806.2
At any time after its execution, but not later than one year after the last payment thereunder, the holder of a contract shall, upon written request of the buyer made in good faith, promptly give or forward to the buyer a detailed written statement which will state with accuracy the total amount, if any, unpaid thereunder. Such a statement shall be supplied by the holder once each year without charge; if any additional statement is requested by the buyer, the holder shall supply such statement to the buyer at a charge not exceeding one dollar ($1) for each additional statement supplied to the buyer. The provisions of this section shall apply only to those transactions wherein, instead of periodic statements of account, the buyer is provided with a passbook or payment book in which all payments, credits, charges and the unpaid balance is entered.
Notes
Requires a contract holder, on a buyer's good-faith written request made no later than one year after the last payment, to promptly provide an accurate unpaid-balance statement. Requires one statement each year without charge and permits up to $1 for each additional statement; the rule applies only to transactions using a passbook or payment book instead of periodic statements.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1806.2 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-2/chapter-1/article-6/section-1806-2