California Vehicle Code 10855 – (a) If a person who has leased or rented a vehicle willfully and …
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(a) If a person who has leased or rented a vehicle willfully and intentionally fails to return the vehicle to its owner within five days after the lease or rental agreement has expired, the person shall be presumed to have embezzled the vehicle.
(b) This section shall become operative on January 1, 2024.
Terms Used In California Vehicle Code 10855
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- owner: is a person having all the incidents of ownership, including the legal title of a vehicle whether or not such person lends, rents, or creates a security interest in the vehicle. See California Vehicle Code 460
- Person: includes a natural person, firm, copartnership, association, limited liability company, or corporation. See California Vehicle Code 470
- vehicle: is a device by which any person or property may be propelled, moved, or drawn upon a highway, excepting a device moved exclusively by human power or used exclusively upon stationary rails or tracks. See California Vehicle Code 670
(Repealed (in Sec. 3) and added by Stats. 2019, Ch. 609, Sec. 4. (AB 391) Effective January 1, 2020. Section operative January 1, 2024, by its own provisions.)