HB 2256
salvage vehicles; abandoned; insurance claim
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill clarifies the process for salvage auction dealers when an insurance claim is denied for a salvage vehicle, leaving the vehicle subject to unpaid charges. It requires dealers to notify the vehicle’s owner or lienholder via certified mail and provides a timeline for pickup and payment. If the vehicle isn’t claimed within a set period, it’s considered abandoned, and the dealer can obtain a salvage or nonrepairable title, clearing any existing liens.
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