Business and Professions Code section 18407

It is unlawful for any lender to accept or contract or agree to accept either directly or indirectly any subsidy or the benefit resulting from any discrimination made unlawful by this chapter from any manufacturer if the effect of the acceptance of any such subsidy or benefit may be to lessen competition or tend to create a monopoly in the person or class of persons who accepts such subsidy or who is benefited by such discrimination.

Source: Section 18407, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=18407.­ (updated Jan. 1, 1941; accessed Dec. 29, 2025).

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Verified:
Dec. 29, 2025

§ 18407's source at ca​.gov