Section 12150 Of Chapter 1. Definitions And Exemptions From California Insurance Code >> Division 2. >> Part 5. >> Chapter 1.
12150
. (a) Buying and selling service is an arrangement by a motor
club whereby the holder of a service contract with a motor club is
aided in any way in the purchase or sale of an automobile.
(b) (1) If a motor club offers a service that refers members to a
new motor vehicle dealer for the purchase of a new motor vehicle, and
the dealer pays the motor club any compensation, including, but not
limited to, an advertising, promotional, or marketing fee, any
advertisement of that service shall clearly and conspicuously
disclose that the dealer has paid the fee and shall have the
following statement: "All new cars arranged for sale are subject to
availability and a price prearranged with the selling franchised new
car dealer."
(2) In a printed advertisement, the disclosures required by
paragraph (1) shall be in not less than 10-point bold type and shall
be textually segregated from the other portions of the advertisement.
(3) The disclosures required by paragraph (1) do not apply to
general advertisements of a motor club that merely list an auto
buying service as one of several services offered by the motor club
and that do not provide any details of the auto buying service.