A supplier of financing is defined as every person loaning money, advancing credit,
or loaning credit, whether security of any kind is taken for such loan or advance
or not, or purchasing or discounting of any obligation of money due or to become due,
or any evidence of any obligation of money due or to become due, whether such obligation
is secured or guaranteed, or not. Nothing in this section shall be deemed or construed
to apply to any person conducting a banking business or financial corporation exempt
under the laws of California, or to the holder of a pawnbroker's license. (Added Ord.
4809, 1956; Am. Ord. 69-58, 1969; Am. Ord. 80-35, § 1, eff. 4-11-80; Am. Ord. 80-115,
§ 44, eff. 8-8-80).
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