California · Code of Civil Procedure - CCP

CCP §511.050: “Inventory” means tangible personal property in the possession of a defendant who holds it for sale or lease or to be furnished under contracts of service.

What this law says, in plain English

This statute defines 'inventory' as tangible personal property that a defendant possesses for sale, lease, or service contract purposes.

Read the full statutory text

“Inventory” means tangible personal property in the possession of a defendant who holds it for sale or lease or to be furnished under contracts of service.

Verify at the official source: California legislative text

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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.