California Civil Code

§ 1805.6

CIV § 1805.6Div. 3 · Title 2 · Part 4 · Ch. 1 · Art. 5

Statute text

(a)Notwithstanding the provisions of any contract to the contrary, except as provided in subdivision (b) or (c), no retail seller shall assess any finance charge for goods purchased under a retail installment contract until the goods are in the buyer’s possession.

(b)A finance charge may be assessed for such undelivered goods, as follows:

(1)From the date when such goods are available for pickup by the buyer and the buyer is notified of their availability, or

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Legislative history

Amended by Stats. 1981, Ch. 1075, Sec. 8. Operative October 1, 1982, or sooner, by Sec. 25 of Ch. 1075, as amended by Stats. 1982, Ch. 129, Sec. 12.