Cal. Civ. Code § 2993

Current through the 2023 Legislative Session.
Section 2993 - Advising assignee of information contained in notice pursuant to section 7505.6, Business and Professions Code

A holder of a lease contract, or the agent of a holder, who has received a notice pursuant to Section 7507.6 of the Business and Professions Code, shall not make a subsequent assignment to skip trace, locate, or repossess the vehicle without simultaneously, and in the same manner by which the assignment is given, advising the assignee of the assignment of the information contained in the notice. As used in this section, "assignment" has the same meaning set forth in Section 7500.1 of the Business and Professions Code.

Ca. Civ. Code § 2993

Added by Stats 2007 ch 192 (SB 659),s 5, eff. 9/7/2007.