Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 7507.12 — Conduct of Business
Cal. Bus. & Prof. Code § 7507.12
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2014-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) With regard to collateral subject to registration under the Vehicle Code, a repossession is complete if any of the following occurs:
Citator
Cal. Bus. & Prof. Code § 7507.12 — Conduct of Business is in force in the current edition of the Code, and nothing recorded condemns it.
(a) With regard to collateral subject to registration under the Vehicle Code, a repossession is complete if any of the following occurs:
(1) The repossessor gains entry to the collateral.
(2) The collateral becomes connected to a tow truck or the repossessor’s tow vehicle, as those terms are defined in Section 615 of the Vehicle Code.
(3) The repossessor moves the entire collateral present.
(4) The repossessor gains control of the collateral.
(b) No person other than the legal owner may direct a repossessor to release a vehicle without legal authority to do so.