(a) Except as otherwise provided in Subdivisions (b), (c) and (d) of this section, an industrial loan company may collect and receive charges only on that portion of the unpaid principal balance actually disbursed to the borrower or on the borrower's behalf, and only from the date of such disbursement.

(b) Charges on the account of any statutory fees to be paid to a public officer may be collected and received from the date of the loan, provided such fees are actually paid within a reasonable time after the loan is made.

(c) Charges on the amount of premium for insurance written in connection with a loan may be collected and received only from the effective date of the insurance. However, in the case of an extension of such insurance at the time of the refinance of a loan, extending coverage to the new maturity of such refinance, charges upon the premium may be collected and received from the date of such refinance.

(d) Charges on a loan secured by real property may be collected and received only from the date of closing of the escrow, when the loan proceeds are disbursed by the escrow holder.