* CALIFORNIA INTEREST RATE - Legal: 10% - Judgment 10% (Unless otherwise contracted) STATUTE OF LIMITATIONS (IN YEARS) - Open Acct: Reduced to writing - 4 - Open Acct: No writing - 2 - Written Contract 4 - Domestic Judgment 10 (renewable at 10) - Foreign Judgment 10 (commencing with judgment debtor's commencement of CA residence) BAD CHECK LAWS (CIVIL PENALTY) - Amount due, Treble damages - minimum $100 maximum $1500 per check GENERAL GARNISHMENT EXEMPTIONS - See federal law. Exemptions for necessities of life. COLLECTION AGENCY BOND & LICENSE - No license or bond required.