California Financial Code — California Finance Lenders Law — Revocation And Penalties — Consumer Loan Penalties — Contract void Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session (a) If any amount other than, or in excess of, the charges permitted by this division is willfully charged, contracted for, or received, the contract of loan is void, and no person has any right to collect or receive any principal, charges, or recompense in connection with the transaction. (b) If any provision of this division is willfully violated in the making or collection of a loan, whether by a licensee or by an unlicensed person subject to this division, the contract of loan is void, and no person has any right to collect or receive any principal, charges, or recompense in connection with the transaction. Ca. Fin. Code § 22750 Amended by Stats 2013 ch 467 (SB 318),s 3, eff. 1/1/2014.