California § 18450. 18450. (Added by Stats. 1951, Ch. 342.)

California Statutes

§ 18450. — 18450. (Added by Stats. 1951, Ch. 342.)

California § 18450.

Code BPCBusiness and Professions Code - BPC

Div. 8.DIVISION 8. SPECIAL BUSINESS REGULATIONS

Ch. 1a.CHAPTER 1a. Automobile Dealers

This text of California § 18450. (18450. (Added by Stats. 1951, Ch. 342.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Business and Professions Code - BPC Code § 18450. (2026).

Text

It is a misdemeanor, in connection with the sale of a motor vehicle by a person engaged in the business of selling motor vehicles at retail, for such person to accept assignment of an insurance policy, or rights thereunder, pertaining to any motor vehicle traded in by the purchaser, unless all amounts realized on such policy or rights by such person be credited by the dealer to the buyer on the next monthly payment due or same shall be refunded to the buyer.

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It is a misdemeanor, in connection with the sale of a motor vehicle by a person engaged in the business of selling motor vehicles at retail, for such person to accept assignment of an insurance policy, or rights thereunder, pertaining to any motor vehicle traded in by the purchaser, unless all amounts realized on such policy or rights by such person be credited by the dealer to the buyer on the next monthly payment due or same shall be refunded to the buyer.

Legislative History

Added by Stats. 1951, Ch. 342.

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California § 18450., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/BPC/18450..