California § 2983.5. 2983.5. (Amended by Stats. 1975, Ch. 66.)

California Statutes

§ 2983.5. — 2983.5. (Amended by Stats. 1975, Ch. 66.)

California § 2983.5.

JurisdictionCalifornia

Code CIVCivil Code - CIV

Div. 3.DIVISION 3. OBLIGATIONS

Title14.

Part 4.TITLE 14. LIEN

Ch. 2b.CHAPTER 2b. Automobile Sales Finance Act

This text of California § 2983.5. (2983.5. (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 § 2983.5. (2026).

Text

(a)An assignee of the seller’s right is subject to all equities and defenses of the buyer against the seller, 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.

Free access — add to your briefcase to read the full text and ask questions with AI

(a)
An assignee of the seller’s right is subject to all equities and defenses of the buyer against the seller, 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.