California Business and Professions Code

§ 22906

BPC § 22906 Effective Oct 7, 2005Div. 8 · Ch. 28

Statute text

(a)A dealer, as defined in subdivision (f) of Section 22901, is not entitled to establish a lien pursuant to this act, unless that person has first sent to the lien debtor a written notice, by certified mail, which states all of the following:

(1)The payment of the reasonable or agreed charges is more than 90 days overdue. This requirement does not apply to equipment subject to repurchase that was returned to the supplier subsequent to return of other equipment also subject to repurchase for which payment is overdue.

(2)The amount of reasonable or agreed charges that are overdue.

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Legislative history

Amended by Stats. 2005, Ch. 712, Sec. 12. Effective October 7, 2005.