California Civil Code Section 1799.102
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California Laws > Civil Code > California Civil Code Section 1799.102
(a) A cosigner who suffers a loss as a result of a
violation of Section 1799.101 may bring an action to recover actual
damages or two hundred fifty dollars ($250), whichever is greater,
and reasonable attorney fees.
(b) The cosigner shall, not less than 30 days prior to bringing an
action pursuant to subdivision (a), notify the person alleged to
have violated Section 1799. 101 of the cosigner's intention to bring
an action. The notice shall include a statement of the specific
evidence that proves the loss suffered by the cosigner. If within 25
days after the date of receiving the notice, the person alleged to
have violated Section 1799.101 tenders to the cosigner an amount
equal to the loss, or otherwise resolves the matter to the cosigner's
satisfaction, the cosigner shall be barred from further recovery of
that loss, including reasonable attorney fees.
(c) This section shall become operative on July 1, 1992.
Section: 1799.102
Last modified: February 13, 2012
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