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California Vehicle Code

§ 266

VEH § 266Div. 1

Statute text

View on leginfo.ca.gov
A “consignment” is an arrangement under which a dealer agrees to accept possession of a vehicle of a type required to be registered under this code from an owner for the purpose of selling the vehicle and to pay the owner or the owner’s designee from the proceeds of the sale.

Legislative history

Amended by Stats. 1991, Ch. 815, Sec. 1.

Source: California Vehicle Code § 266 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.