Section 15103 Of Article 4. Limitations From California Financial Code >> Division 5. >> Chapter 7. >> Article 4.
15103
. A credit union, or the agent of a credit union, that has
received a notice pursuant to Section 7507.6 of the Business and
Professions Code, shall not make a subsequent assignment to skip
trace, locate, or repossess a vehicle without simultaneously, and in
the same manner by which the assignment is given, advising the
assignee of the assignment of the information contained in the
notice. As used in this section, "assignment" has the same meaning
set forth in Section 7500.1 of the Business and Professions Code.