Statute · California Civil Code
Cal. Civ. Code § 1804.3 — Restrictions on Retail Installment Contracts
Cal. Civ. Code § 1804.3
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Date
- 1982-03-25
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) No contract other than one for services shall provide for a security interest in any goods theretofore fully paid for or which have not been sold by the seller.
Citator
Cal. Civ. Code § 1804.3 — Restrictions on Retail Installment Contracts is in force in the current edition of the Code, and nothing recorded condemns it.
(a) No contract other than one for services shall provide for a security interest in any goods theretofore fully paid for or which have not been sold by the seller.
(b) Any contract for goods which provides for a security interest in real property where the primary goods sold are not to be attached to the real property shall be a violation of this chapter and subject to the penalties set forth in Article 12.2 (commencing with Section 1812.6).
(c) This section shall become operative October 1, 1982.