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CA AB1890
Bill
Status
8/27/2010
Primary Sponsor
Marty Block
Click for details
AI Summary
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Amends Civil Code Section 2080.8 to allow the University of California Regents and California State University Trustees to manage unclaimed, lost, or abandoned property through care, restitution, sale, or destruction.
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Requires property valued at or above $300 to be held for a minimum of 3 months before sale at public auction, down from the previous 6-month requirement for state universities.
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Mandates at least 5 days' notice of public auction sales published once in a newspaper of general circulation in the county where property is held.
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Permits disposal of unsold property at auction without bids being required.
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Repeals Civil Code Section 2080.9 and makes related technical changes.
Legislative Description
Property: lost and unclaimed.
Last Action
Chaptered by Secretary of State - Chapter 199, Statutes of 2010.
8/27/2010