California Civil Code TITLE 2.7 - CONTRACTS FOR SELLER ASSISTED MARKETING PLANS

• Section 1812.200.
  (a) The Legislature finds and declares that the widespread sale of seller assisted marketing plans, often connected with the sale of vending machines, racks or work-at-home...
• Section 1812.201.
  For the purposes of this title, the following definitions shall apply:(a) “Seller assisted marketing plan” means any sale or lease or offer to sell or lease...
• Section 1812.202.
  (a) An offer to sell or offer to lease a seller assisted marketing plan shall occur in this state whenever:(1) The offer to sell or offer to...
• Section 1812.203.
  (a) The seller of any seller assisted marketing plan shall pay an annual fee in the amount of one hundred dollars ($100) and annually file with...
• Section 1812.204.
  In selling, leasing, or offering to sell or lease a seller assisted marketing plan in this state, sellers shall not:(a) Use the phrase “buy-back” or “secured...
• Section 1812.205.
  At the first in-person communication with a potential purchaser or in the first written response to an inquiry by a potential purchaser, whichever occurs first,...
• Section 1812.206.
  At least 48 hours prior to the execution of a seller assisted marketing plan contract or agreement or at least 48 hours prior to the...
• Section 1812.207.
  Every contract for sale or lease of a seller assisted marketing plan in this state shall be in writing and shall be subject to the...
• Section 1812.208.
  The purchaser shall have the right to cancel a seller assisted marketing plan contract for any reason at any time within three business days of...
• Section 1812.209.
  Every seller assisted marketing plan contract shall set forth in at least 10-point type or equivalent size if handwritten, all of the following:(a) The terms and...
• Section 1812.210.
  (a) No seller assisted marketing plan contract shall require or entail the execution of any note or series of notes by the purchaser which, when separately...
• Section 1812.211.
  Any assignee of the seller assisted marketing plan contract or the seller’s rights is subject to all equities, rights and defenses of the purchaser against...
• Section 1812.212.
  No seller shall make or authorize the making of any reference to its compliance with this title.(Added by Stats. 1978, Ch. 876.)
• Section 1812.213.
  Every seller shall at all times keep and maintain a complete set of books, records and accounts of seller assisted marketing plan sales made by...
• Section 1812.214.
  (a) Every seller of seller-assisted marketing plans other than a California corporation shall file with the Attorney General an irrevocable consent appointing the Secretary of State...
• Section 1812.215.
  (a) If a seller uses any untrue or misleading statements to sell or lease a seller assisted marketing plan, or fails to comply with Section 1812.203,...
• Section 1812.216.
  (a) Any waiver by a purchaser of the provisions of this title shall be deemed contrary to public policy and shall be void and unenforceable. Any...
• Section 1812.217.
  Any person, including, but not limited to, the seller, a salesman, agent or representative of the seller or an independent contractor who attempts to sell...
• Section 1812.218.
  Any purchaser injured by a violation of this title or by the seller’s breach of a contract subject to this title or of any obligation...
• Section 1812.219.
  The provisions of this title are not exclusive. The remedies provided herein for violation of any section of this title or for conduct proscribed by...
• Section 1812.220.
  If any provision of this act or if any application thereof to any person or circumstance is held unconstitutional, the remainder of the title and...
• Section 1812.221.
  (a) When a deposit has been made in lieu of bond pursuant to paragraph (1) of subdivision (b) of Section 1812.214 and Section 995.710 of the...

Last modified: October 22, 2018