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2016 California Code
Financial Code - FIN
DIVISION 9 - CALIFORNIA FINANCE LENDERS LAW
CHAPTER 2 - Consumer Loans
ARTICLE 3 - Loan Regulations
Section 22329.5.

CA Fin Code § 22329.5 (2016) What's This?

22329.5. A licensee, or the agent of a licensee, that has received a notice pursuant to Section 7507.6 of the Business and Professions Code, shall not make a subsequent assignment to skip trace, locate, or repossess the vehicle without simultaneously, and in the same manner by which the assignment is given, advising the assignee of the assignment of the information contained in the notice. As used in this section, assignment has the same meaning set forth in Section 7500.1 of the Business and Professions Code.

(Added by Stats. 2007, Ch. 192, Sec. 8. Effective September 7, 2007.)

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