TITLE 2.7. CONTRACTS FOR SELLER ASSISTED MARKETING PLANS [1812.200. - 1812.221.]
Title 2.7 added by Stats. 1978, Ch. 876.
§§ 1812.200–1812.221 · 22 sections
- § 1812.200 (a) The Legislature finds and declares that the widespread sale of seller assisted marketing plans, often connected with the sale of vending machines, racks or…
- § 1812.201 For the purposes of this title, the following definitions shall apply: (a) “Seller assisted marketing plan” means any sale or lease or offer to sell or lease…
- § 1812.202 (a) An offer to sell or offer to lease a seller assisted marketing plan shall occur in this state whenever: (1) The offer to sell or offer to lease is made in…
- § 1812.203 (a) The seller of any seller assisted marketing plan shall pay an annual fee in the amount of one hundred dollars ($100) and annually file with the Attorney…
- § 1812.204 In selling, leasing, or offering to sell or lease a seller assisted marketing plan in this state, sellers shall not: (a) Use the phrase “buy-back” or “secured…
- § 1812.205 At the first in-person communication with a potential purchaser or in the first written response to an inquiry by a potential purchaser, whichever occurs…
- § 1812.206 At least 48 hours prior to the execution of a seller assisted marketing plan contract or agreement or at least 48 hours prior to the receipt of any…
- § 1812.207 Every contract for sale or lease of a seller assisted marketing plan in this state shall be in writing and shall be subject to the provisions of this title. A…
- § 1812.208 The purchaser shall have the right to cancel a seller assisted marketing plan contract for any reason at any time within three business days of the date the…
- § 1812.209 Every seller assisted marketing plan contract shall set forth in at least 10-point type or equivalent size if handwritten, all of the following: (a) The terms…
- § 1812.210 (a) No seller assisted marketing plan contract shall require or entail the execution of any note or series of notes by the purchaser which, when separately…
- § 1812.211 Any assignee of the seller assisted marketing plan contract or the seller’s rights is subject to all equities, rights and defenses of the purchaser against the…
- § 1812.212 No seller shall make or authorize the making of any reference to its compliance with this title.
- § 1812.213 Every seller shall at all times keep and maintain a complete set of books, records and accounts of seller assisted marketing plan sales made by the seller. All…
- § 1812.214 (a) Every seller of seller-assisted marketing plans other than a California corporation shall file with the Attorney General an irrevocable consent appointing…
- § 1812.215 (a) If a seller uses any untrue or misleading statements to sell or lease a seller assisted marketing plan, or fails to comply with Section 1812.203, or fails…
- § 1812.216 (a) Any waiver by a purchaser of the provisions of this title shall be deemed contrary to public policy and shall be void and unenforceable. Any attempt by a…
- § 1812.217 Any person, including, but not limited to, the seller, a salesman, agent or representative of the seller or an independent contractor who attempts to sell or…
- § 1812.218 Any purchaser injured by a violation of this title or by the seller’s breach of a contract subject to this title or of any obligation arising from the sale or…
- § 1812.219 The provisions of this title are not exclusive. The remedies provided herein for violation of any section of this title or for conduct proscribed by any…
- § 1812.220 If any provision of this act or if any application thereof to any person or circumstance is held unconstitutional, the remainder of the title and the…
- § 1812.221 (a) When a deposit has been made in lieu of bond pursuant to paragraph (1) of subdivision (b) of Section 1812.214 and Section 995.710 of the Code of Civil…