California Tried To Change What Happens To Cash Left Over From Towed Cars But Gov. Newsom Said No
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California’s DMV collected more than $8 million in surplus lien-sale proceeds.
SB 1029 would eventually transfer unclaimed funds to the state Controller.
Newsom vetoed it over costs and concerns about how claims would be handled.
Earlier this year, we told you about an unusual quirk in California law. If a vehicle is sold after its owner fails to pay towing and storage fees, the proceeds first cover those debts. Anything left over belongs to the former owner, but if they don&rs
SB 1029 would eventually transfer unclaimed funds to the state Controller.
Newsom vetoed it over costs and concerns about how claims would be handled.
Earlier this year, we told you about an unusual quirk in California law. If a vehicle is sold after its owner fails to pay towing and storage fees, the proceeds first cover those debts. Anything left over belongs to the former owner, but if they don&rs
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