ARTICLE 12.1. Repossession and Resale [1812.2. - 1812.5.]

Article 12.1 added by Stats. 1959, Ch. 201.

§§ 1812.2–1812.5 · 4 sections

• § 1812.2 In the event of any default by the buyer in the performance of his obligations under a contract or installment account, the holder, pursuant to any rights…
• § 1812.3 The notice provided for in Section 1812.2 shall be given to the buyer and any other person liable by causing it to be delivered personally or to be deposited…
• § 1812.4 The proceeds of a resale shall be applied (1) to the payment of the expenses thereof, (2) to the payment of any expenses of retaking, including reasonable…
• § 1812.5 If the proceeds of the sale are not sufficient to cover items (1), (2) and (3) of Section 1812.4, the holder may not recover the deficiency from the buyer or…