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CA AB2228

Bill

Status

Engrossed

5/16/2024

Primary Sponsor

Carlos Villapudua

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • 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.

  • Removes the previous option to serve notice by email and removes requirements that charges be determined solely by the repossession agency and kept confidential.

  • 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.

  • Maintains existing inventory requirements for personal effects, including removal within 48-96 hours depending on circumstances and retention for at least 60 days.

  • 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

Committee Referrals

Business, Professions and Economic Development5/29/2024
Rules5/16/2024
Appropriations4/23/2024
Judiciary4/9/2024
Business and Professions2/26/2024

Full Bill Text

No bill text available