California legal term
Direct loan agreement in California Criminal Law
Current through 2026 California legislative session
In California criminal law, “Direct loan agreement” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the California criminal code.
What does “Direct loan agreement” mean in California criminal law?
“Direct loan agreement” means an agreement between a lender and a purchaser whereby the lender has advanced funds pursuant to a loan secured by the motor vehicle which the purchaser has purchased. (Cal. Penal Code § 574)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.