California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 6.5 — Attachment, Chapter 1 — Words and Phrases Defined, Section 481.120
“Inventory” means tangible personal property in the possession of a defendant that (a) is held by the defendant for sale or lease or to be furnished under contracts of service or (b) is raw materials, work in process, or materials used or consumed in his trade, business, or profession. Inventory of a person is not to be classified as his equipment.
Notes
Defines inventory as tangible personal property possessed by a defendant and held for sale, lease, or furnishing under service contracts, or consisting of raw materials, work in process, or materials used or consumed in the defendant’s trade, business, or profession. Prohibits classifying a person’s inventory as that person’s equipment.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 481.120 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-6-5/chapter-1/section-481-120