Earlier editions: 2020-112018-11
DIVISION 7. GENERAL BUSINESS REGULATIONS 16000-18107›PART 2. PRESERVATION AND REGULATION OF COMPETITION 16600-17365›CHAPTER 4. Unfair Trade Practices 17000-17101›ARTICLE 4. Civil Liability 17070-17087
§ 17077
California Business and Professions Code · 2026 edition · updated 2026-10-04 · California
In any action or prosecution for sales below cost in violation of this chapter, if the defendant acquires his raw materials for a consideration not wholly or definitely computable in money, the cost of the raw materials shall be presumed to be the prevailing market price for similar raw materials in the ordinary channels of trade in the locality or vicinity in which such raw materials were acquired, at the time of the acquisition.
(Added by Stats. 1941, Ch. 526.)
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