Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 18403 — Automobiles
Cal. Bus. & Prof. Code § 18403
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
It is unlawful for a manufacturer to sell or contract to sell motor vehicles to a retailer on the condition or with an agreement or understanding, either express or implied, that the retailer shall finance the purchase or sale of motor vehicles only with or through a designated person or class…
Citator
Cal. Bus. & Prof. Code § 18403 — Automobiles is in force in the current edition of the Code, and nothing recorded condemns it.
It is unlawful for a manufacturer to sell or contract to sell motor vehicles to a retailer on the condition or with an agreement or understanding, either express or implied, that the retailer shall finance the purchase or sale of motor vehicles only with or through a designated person or class of persons or shall sell and assign the conditional sales contracts, chattel mortgages or leases arising from the sale of motor vehicles only to a designated person or class of persons, when the effect of the condition, agreement or understanding so entered into may be to lessen competition, or tend to create a monopoly in the person or class of persons designated.