(a) A seller shall maintain the following documents for at least seven years or the length of the conditional sales contract, whichever is longer: (1) A copy of each buyerâs conditional sales contract. (2) Any documents relied upon by the seller to determine a buyerâs creditworthiness, including, but not limited to, any consumer credit report, as defined in Section 1785.3, or any other document containing a buyerâs credit score, as defined in Section 1785.15.1. (3) If the conditional sales contract is sold, assigned, or otherwise transferred, a copy of the terms of that sale, assignment, or transfer. (b) A seller that unlawfully fails to comply with a court order to produce the documents described in subdivision (a) shall be liable in an action brought by the Attorney General for a civil penalty of five thousand dollars ($5,000) per violation. The penalties provided by this section are in addition to all rights and remedies that are otherwise available under law.
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