(

a) This division shall be liberally construed and applied to promote its underlying purposes and policies, which are:

(1) To ensure an adequate supply of credit to borrowers in this state.

(2) To simplify, clarify, and modernize the law governing loans made by finance lenders.

(3) To foster competition among finance lenders.

(4) To protect borrowers against unfair practices by some lenders, having due regard for the interests of legitimate and scrupulous lenders.

(5) To permit and encourage the development of fair and economically sound lending practices.

(6) To encourage and foster a sound economic climate in this state.

(7) To protect property owners from deceptive and misleading practices that threaten the efficacy and viability of property assessed clean energy financing programs. (

b) Consumer loans, as defined in Sections and 22204, are subject to this chapter,

Chapter 2 (commencing with

Section 22200),

Article 1 (commencing with

Section 22700) of

Chapter 4, and

Article 2 (commencing with

Section 22750) of

Chapter 4. (

c) Commercial loans, as defined in

Section 22502, are subject to this chapter,

Chapter 3 (commencing with

Section 22500),

Article 1 (commencing with

Section 22700) of

Chapter 4, and

Article 3 (commencing with

Section 22780) of

Chapter 4. (

d) A program administrator, as defined in

Section 22018, is subject to this chapter,

Chapter 3.5 (commencing with

Section 22680), and

Article 1 (commencing with

Section 22700) of

Chapter 4. (

e) This

section shall become operative on January 1, 2019.