California · Business and Professions Code - BPC
BPC §22922: (a) Except to the extent specifically set forth in this act, the lien created by this act is subject to Division 9 (commencing with Section 9101) of the Commercial Code.
Read the full statutory text
(a) Except to the extent specifically set forth in this act, the lien created by this act is subject to Division 9 (commencing with Section 9101) of the Commercial Code. (b) For the purposes of this act, the following terms have the following meanings: (1) “Secured party” refers to the dealer, lien creditor, lien claimant, or assignee thereof. (2) “Debtor” refers to the supplier, lien debtor, or debtor. (3) “Collateral” refers to the equipment subject to the lien created under this chapter. (c) A security agreement is not necessary to make an equipment repurchase lien created under this chapter enforceable. (d) An equipment repurchase lien created under this chapter shall not continue in the repurchased equipment following the disposition thereof. (e) The right of a dealer to enforce the lien created under this act shall be governed by this act and shall not be governed by Chapter 6 (commencing with Section 9601) of Division 9 of the Commercial Code.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.