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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A sale of livestock held pursuant to this chapter shall:
(1) Transfer to a purchaser for value all of the owner's rights in the livestock; and
(2) Discharge the lien under which the sale is made and any lien or security interest subordinate thereto.
(b) The purchaser shall take free of all such subordinate rights and interests even though the lienholder fails to comply with the requirements of this chapter or of any judicial proceeding if:
(1) In the case of a public sale, the purchaser has no knowledge of any defects in the sale and does not buy in collusion with the lienholder, other bidders or the person conducting the sale; or
(2) In any other case, the purchaser acts in good faith.
Cite this article: FindLaw.com - California Code, Civil Code - CIV § 3080.19 - last updated January 01, 2025 | https://codes.findlaw.com/ca/civil-code/civ-sect-3080-19/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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