California Civil Code

§ 1802.13

CIV § 1802.13Div. 3 · Title 2 · Part 4 · Ch. 1 · Art. 2

Statute text

“Holder” means the retail seller who acquires a retail installment contract or installment account executed, incurred or entered into by a retail buyer, or if the contract or installment account is purchased by a financing agency or other assignee, the financing agency or other assignee. The term does not include the pledgee of or the holder of a security interest in an aggregate number of such contracts or installment accounts to secure a bona fide loan thereon.

Legislative history

Added by Stats. 1959, Ch. 201.