§ 12318

Added by Stats. 1957, Ch. 498.

A prorater shall not take:

(a)Any contract, promise to pay, or other instrument which has any blank spaces when signed by a debtor;
(b)Any negotiable instrument for the prorater’s charges;
(c)Any note, wage assignment, real estate or chattel mortgage, or other security to secure the prorater’s charges;
(d)Any confession of judgment or power of attorney to confess judgment against the debtor or to appear for the

debtor in a judicial proceeding.

(e)Concurrent with the signing of the contract or as part of the contract or as part of the application for the contract a release of any obligation to be performed on the part of the prorater.

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