Unruh Act

Division 3, Part 4, Title 2, Chapter 1 deals with retail installment sales. Article 1 contains general provisions. Section 1801 names this chapter the “Unruh Act.”

Section 1801.1 provides that any waiver by the buyer of the provisions of this chapter is deemed contrary to public policy and be unenforceable and void.

Section 1801.2 contains a severability clause.

Section 1801.4 provides that the provisions of this chapter apply to any contract or series of contracts providing for specified items.

Section 1801.5 states that any information required to be disclosed in a retail installment contract or other document under this chapter may be disclosed in any manner, method, or terminology required or permitted under Regulation Z. Nothing contained in this chapter is to be deemed to prohibit the disclosure in the contract or other document of additional information required or permitted under Regulation Z, as in effect at the time the disclosure is made.

Section 1801.6 contains a legislative finding. The provisions of this chapter does not apply to any transaction in the form of a loan made by a supervised financial organization to a buyer of goods or services where all or a portion of the loan proceeds are used to purchase such goods or services, whether or not the seller of the goods or services arranges the loan or participates in the preparation of the loan documents, unless the supervised financial organization and the seller do specified actions.

Section 1801.7 states that the provisions of this chapter do not apply to any premium finance agreement entered into by an industrial loan company.