California Codes, Business and Professions Code - BPC, Division 6 — Business Rights, Chapter 3 — Trade Names and Designations, Article 4 — Laundry Supply Designations, Section 14485

The acceptance by the registrant of any sum of money as a deposit to secure the safekeeping and return of the supplies does not constitute a sale of the supplies either optional or otherwise, in any proceeding under this article.

Notes

Establishes that a registrant's acceptance of money as a deposit to secure the safekeeping and return of supplies does not constitute a sale of those supplies, optional or otherwise, in a proceeding under the article. The deposited money secures safekeeping and return, while the transaction is treated as not being a sale in such proceedings.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 14485 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-6/chapter-3/article-4/section-14485

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