California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 4. GENERAL PROVISIONS |
Part 2. SPECIAL RELATIONS OF DEBTOR AND CREDITOR |
Title 2. FRAUDULENT INSTRUMENTS AND TRANSFERS |
Chapter 2. Conveyance of Personal Property Without Delivery |
Section 3440.4.
Latest version.
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This chapter does not affect the rights of a buyer for value in good faith who purchases the transferred personal property from the transferee or from a successor in interest of the transferee, provided the transferor is no longer in possession of the personal property at the time of the purchase by that buyer.
(Added by Stats. 1985, Ch. 1368, Sec. 4.)