{"code":"BPC","codeName":"Business and Professions Code","section":"7507.4","citation":"Bus. & Prof. Code, § 7507.4","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY [5000. - 9998.12.]","url":"https://blackletter.si/business-and-professions-code/division-3"},{"name":"CHAPTER 11. Repossessors [7500. - 7511.5.]","url":"https://blackletter.si/business-and-professions-code/division-3/chapter-11"},{"name":"ARTICLE 8. Conduct of Business [7507. - 7507.13.]","url":"https://blackletter.si/business-and-professions-code/division-3/chapter-11/article-8"}],"history":"Amended by Stats. 2013, Ch. 340, Sec. 3.   (AB 791)   Effective January 1, 2014.","effective":"2014-01-01","html":"<p>A licensed repossession agency or its registrants shall not make demand for payment in lieu of repossession and shall not sell collateral recovered under this chapter.</p>","text":"A licensed repossession agency or its registrants shall not make demand for payment in lieu of repossession and shall not sell collateral recovered under this chapter.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/conduct-of-business-7507-4","source":"California Legislative Information bulk export (pubinfo)"}