California Business and Professions Code 18408 – It is unlawful for any person other than an automobile dealer or …
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It is unlawful for any person other than an automobile dealer or automobile distributor who accepts either directly or indirectly any subsidy or the benefit resulting from any discrimination made unlawful by this chapter or contracts either directly or indirectly to accept any such subsidy or benefit to finance or attempt to finance the purchase or sale of any motor vehicle or buy or attempt to buy any conditional sales contracts, chattel mortgages or leases on motor vehicles sold at retail in this State thereafter.
(Added by Stats. 1941, Ch. 44.)
Terms Used In California Business and Professions Code 18408
- Person: means any individual, firm, corporation, partnership, limited liability company, association, trustee, receiver or assignee for the benefit of creditors. See California Business and Professions Code 18402
- purchase: include exchange, barter, gift, and offer of contract to sell or buy. See California Business and Professions Code 18402
- State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21