onecle - legal research

Court Opinions

State Laws

US Code

US Constitution

California Civil Code Section 2984.1

Legal Research Home > California Laws > Civil Code > California Civil Code Section 2984.1

2984.1.  Every conditional sale contract shall contain a statement
in contrasting red print in at least 8-point bold type which shall
satisfy the requirements of Section 5604 of the Vehicle Code and be
signed or initialed by the buyer, as follows:

THE MINIMUM PUBLIC LIABILITY INSURANCE LIMITS PROVIDED IN LAW MUST BE
MET BY EVERY PERSON WHO PURCHASES A VEHICLE. IF YOU ARE UNSURE
WHETHER OR NOT YOUR CURRENT INSURANCE POLICY WILL COVER YOUR NEWLY
ACQUIRED VEHICLE IN THE EVENT OF AN ACCIDENT, YOU SHOULD CONTACT YOUR
INSURANCE AGENT.

WARNING:
YOUR PRESENT POLICY MAY NOT COVER COLLISION DAMAGE OR MAY NOT PROVIDE
FOR FULL REPLACEMENT COSTS FOR THE VEHICLE BEING PURCHASED. IF YOU
DO NOT HAVE FULL COVERAGE, SUPPLEMENTAL COVERAGE FOR COLLISION DAMAGE
MAY BE AVAILABLE TO YOU THROUGH YOUR INSURANCE AGENT OR THROUGH THE
SELLING DEALER. HOWEVER, UNLESS OTHERWISE SPECIFIED, THE COVERAGE YOU
OBTAIN THROUGH THE DEALER PROTECTS ONLY THE DEALER, USUALLY UP TO
THE AMOUNT OF THE UNPAID BALANCE REMAINING AFTER THE VEHICLE HAS BEEN
REPOSSESSED AND SOLD.

FOR ADVICE ON FULL COVERAGE THAT WILL PROTECT YOU IN THE EVENT OF
LOSS OR DAMAGE TO YOUR VEHICLE, YOU SHOULD CONTACT YOUR INSURANCE
AGENT.

THE BUYER SHALL SIGN TO ACKNOWLEDGE THAT HE/SHE UNDERSTANDS THESE
PUBLIC LIABILITY TERMS AND CONDITIONS.
s/s ____________.

   No person shall print for use as a sales contract form, any form
which does not comply with this section.

Section: Previous  2983.3  2983.35  2983.37  2983.4  2983.5  2983.6  2983.7  2983.8  2984  2984.1  2984.2  2984.3  2984.4  2984.5  2984.6  Next

Speak with a Lawyer in California

Last modified: March 17, 2014