Cal. Business and Professions Code § 18403
Cal. Business and Professions Code § 18403
California · California Business and Professions Code · Status: effective
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- Citation
- Cal. Business and Professions Code § 18403, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/778557
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Full text
It is unlawful for a manufacturer to sell or contract to sell motor vehicles to a retailer on the condition or with an agreement or understanding, either express or implied, that the retailer shall finance the purchase or sale of motor vehicles only with or through a designated person or class of persons or shall sell and assign the conditional sales contracts, chattel mortgages or leases arising from the sale of motor vehicles only to a designated person or class of persons, when the effect of the condition, agreement or understanding so entered into may be to lessen competition, or tend to create a monopoly in the person or class of persons designated.