California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 7 — Other Provisional Remedies in Civil Actions, Chapter 2 — Claim and Delivery of Personal Property, Article 1 — Words and Phrases Defined, Section 511.050

“Inventory” means tangible personal property in the possession of a defendant who holds it for sale or lease or to be furnished under contracts of service.

Notes

Defines inventory as tangible personal property in a defendant’s possession that the defendant holds for sale, holds for lease, or holds to be furnished under contracts for services. The definition turns on the property being tangible personal property, possessed by the defendant, and held for one of those three stated purposes.

Use as reference

Lexinter.net | California Code, Code of Civil Procedure - CCP § 511.050 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-7/chapter-2/article-1/section-511-050

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