California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 9 — Secondhand GoodsArticle 4 — Tangible Personal PropertySection 21629.5
Notwithstanding Section 21629, the provisions of this article shall apply to any tangible personal property which has been acquired by a secondhand dealer with the understanding or expectation that such property would later be reacquired by the transferor or an agent thereof.
Notes
Requires the article's requirements to apply, despite the general exemptions in the referenced provision, when a secondhand dealer acquires tangible personal property with an understanding or expectation that the transferor, or the transferor's agent, will later reacquire it. The provision states no separate deadline, amount, or additional exception to this reacquisition rule.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 21629.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-9/article-4/section-21629-5