California Statutes
§ 2986.3. — 2986.3. (Amended by Stats. 1997, Ch. 800, Sec. 9.)
California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 14.·Part 4. TITLE 14. LIEN·Ch. 2d. CHAPTER 2d. Vehicle Leasing Act
No lease contract shall contain any provision by which:
(a)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 pursuant to Section 300 of the Labor Code.
(b)The lessee waives any right of action against the lessor or holder of the contract or other person
acting on his or her behalf for any illegal act committed in the collection of payments under the contract or in the repossession of the motor vehicle.
(c)The lessee relieves the lessor from liability for any legal remedies which the lessee may have against the lessor under the contract or any separate instruments executed in connection therewith.
(d)The lessor or
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California § 2986.3. (2986.3. (Amended by Stats. 1997, Ch. 800, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1997, Ch. 800, Sec. 9. Effective January 1, 1998.