California Statutes

§ 1804.1. — 1804.1. (Amended by Stats. 1999, Ch. 512, Sec. 2.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 2.·Part 4. TITLE 2. CREDIT SALES·Ch. 1. CHAPTER 1. Retail Installment Sales·Art. 4. ARTICLE 4. Restrictions on Retail Installment Contracts

No contract or obligation shall contain any provision by which:

(a)The buyer agrees not to assert against a seller a claim or defense arising out of the sale or agrees not to assert against an assignee such a claim or defense other than as provided in Section 1804.2.
(b)In the absence of the buyer’s default in the performance of any of his or her obligations, the holder may accelerate the maturity of any part or all of the amount owing thereunder.
(c)A power of attorney is given to confess judgment in this state, or an assignment of wages is given; provided, that nothing herein contained shall prohibit the giving of an assignment of wages contained in a separate instrument, executed pursuant to Section 300 of the Labor Code.
(d)The seller or holder of the contract or other person act

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California § 1804.1. (1804.1. (Amended by Stats. 1999, Ch. 512, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1999, Ch. 512, Sec. 2. Effective January 1, 2000.

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