California § 1812.4. 1812.4. (Added by Stats. 1959, Ch. 201.)

California Statutes

§ 1812.4. — 1812.4. (Added by Stats. 1959, Ch. 201.)

California § 1812.4.

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. 12.1.ARTICLE 12.1. Repossession and Resale

This text of California § 1812.4. (1812.4. (Added by Stats. 1959, Ch. 201.)) 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 § 1812.4. (2026).

Text

The proceeds of a resale shall be applied (1)
to the payment of the expenses thereof, (2)
to the payment of any expenses of retaking, including reasonable attorney’s fees actually incurred, and of any expenses of keeping, storing, repairing, reconditioning or preparing the goods for sale to which the holder may be entitled, (3)
to the satisfaction of the balance due under the contract. Any sum remaining after the satisfaction of such claims shall be paid to the buyer.

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The proceeds of a resale shall be applied (1)
to the payment of the expenses thereof, (2)
to the payment of any expenses of retaking, including reasonable attorney’s fees actually incurred, and of any expenses of keeping, storing, repairing, reconditioning or preparing the goods for sale to which the holder may be entitled, (3)
to the satisfaction of the balance due under the contract. Any sum remaining after the satisfaction of such claims shall be paid to the buyer.