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DIVISION 8. SPECIAL BUSINESS REGULATIONS 18400-22948.25›CHAPTER 1. Automobiles 18400-18413

§ 18403

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Added by Stats. 1941, Ch. 44.)

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