California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 14 — Lien, Chapter 2d — Vehicle Leasing Act, Section 2993
A holder of a lease contract, or the agent of a holder, who has received a notice pursuant to Section 7507.6 of the Business and Professions Code, shall not make a subsequent assignment to skip trace, locate, or repossess the vehicle without simultaneously, and in the same manner by which the assignment is given, advising the assignee of the assignment of the information contained in the notice. As used in this section, “assignment” has the same meaning set forth in Section 7500.1 of the Business and Professions Code.
Notes
Requires a vehicle-lease holder or its agent that received the specified notice to pass the notice information to any later assignee hired to skip trace, locate, or repossess the vehicle, simultaneously and by the same method as the assignment. Defines assignment by incorporating the meaning supplied in the referenced Business and Professions Code provision.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2993 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-14/chapter-2d/section-2993