Cal. Fin. Code § 15103

Current through the 2023 Legislative Session.
Section 15103 - Subsequent assignment to skip trace, locate or repossess vehicle

A credit union, or the agent of a credit union, that 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 a 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. Fin. Code § 15103

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