California § 1804.2. 1804.2. (Amended by Stats. 1975, Ch. 66.)

California Statutes

§ 1804.2. — 1804.2. (Amended by Stats. 1975, Ch. 66.)

California § 1804.2.

JurisdictionCalifornia

Code CIVCivil Code - CIV

Div. 3.DIVISION 3. OBLIGATIONS

Title2.

Part 4.TITLE 2. CREDIT SALES

Ch. 1.CHAPTER 1. Retail Installment Sales

Art. 4.ARTICLE 4. Restrictions on Retail Installment Contracts

This text of California § 1804.2. (1804.2. (Amended by Stats. 1975, Ch. 66.)) 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. Civil Code - CIV Code § 1804.2. (2026).

Text

(a)An assignee of the seller’s rights is subject to all equities and defenses of the buyer against the seller arising out of the sale, notwithstanding an agreement to the contrary, but the assignee’s liability may not exceed the amount of the debt owing to the assignee at the time of the assignment.

(b)The assignee shall have recourse against the seller to the extent of any liability incurred by the assignee pursuant to this section regardless of whether the assignment was with or without recourse.

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(a)
An assignee of the seller’s rights is subject to all equities and defenses of the buyer against the seller arising out of the sale, notwithstanding an agreement to the contrary, but the assignee’s liability may not exceed the amount of the debt owing to the assignee at the time of the assignment.
(b)
The assignee shall have recourse against the seller to the extent of any liability incurred by the assignee pursuant to this section regardless of whether the assignment was with or without recourse.