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CA AB2228
Bill
Status
5/16/2024
Primary Sponsor
Carlos Villapudua
Click for details
AI Summary
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Authorizes repossession agencies to serve notice of seizure by regular mail to the debtor's current address (if known) or by personal service, at the agency's option.
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Removes the previous option to serve notice by email and removes requirements that charges be determined solely by the repossession agency and kept confidential.
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Requires the notice of seizure to disclose storage charges payable by the debtor for collateral and personal effects from the date of repossession until release.
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Maintains existing inventory requirements for personal effects, including removal within 48-96 hours depending on circumstances and retention for at least 60 days.
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Eliminates state-mandated local program provisions and associated reimbursement requirements.
Legislative Description
Collateral recovery: notice.
Last Action
Referred to Com. on B., P. & E. D.
5/29/2024