California Statutes
§ 481.120. — 481.120. (Added by Stats. 1974, Ch. 1516.)
California·Code CCP Code of Civil Procedure - CCP·Title 6.5.·Part 2. TITLE 6.5. ATTACHMENT·Ch. 1. CHAPTER 1. Words and Phrases Defined
“Inventory” means tangible personal property in the possession of a defendant that (a) is held by the defendant for sale or lease or to be furnished under contracts of service or (b) is raw materials, work in process, or materials used or consumed in his trade, business, or profession. Inventory of a person is not to be classified as his equipment.
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California § 481.120. (481.120. (Added by Stats. 1974, Ch. 1516.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1974, Ch. 1516.