California Business and Professions Code ARTICLE 1 - General Provisions

  • Section 7500.
    This chapter of the Business and Professions Code constitutes the chapter on repossessors. It may be cited as the “Collateral Recovery Act.”(Amended by Stats. 1995,...
  • Section 7500.1.
    The following terms as used in this chapter have the meaning expressed in this section:(a) “Advertisement” means any written or printed communication, including a directory listing,...
  • Section 7500.2.
    (a) A repossession agency means and includes any person who, for any consideration whatsoever, engages in business or accepts employment to locate or recover collateral, whether...
  • Section 7500.3.
    (a) A repossession agency shall not include any of the following:(1) Any bank subject to the jurisdiction of the Commissioner of the Department of Business Oversight of...

Last modified: October 22, 2018