“Inventory” means tangible personal property in the possession of a defendant that (a) is held by the defendant for sale or lease or to be furnished under contracts of service or (b) is raw materials, work in process, or materials used or consumed in his trade, business, or profession. Inventory of a person is not to be classified as his equipment.
Cal. Civ. Proc. Code § 481.120
Words and Phrases Defined
Known as the The Attachment Law
The act spans §§ 481–493 (195 sections).
Added by Stats. 1974, Ch. 1516.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.