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MONTENEGRO DRIVE

Cars, Roads & Mobility in Montenegro

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Newsom blocks change to California’s unclaimed tow-sale proceeds

Governor Gavin Newsom has vetoed a California proposal to alter the treatment of unclaimed money remaining after vehicle lien sales, leaving the state’s existing approach in place.
3 min read · Montenegro Drive Editorial
California’s veto leaves existing rules on unclaimed lien-sale proceeds in place
California’s veto leaves existing rules on unclaimed lien-sale proceeds in place

California Governor Gavin Newsom has rejected legislation that would have changed the way the state handles unclaimed proceeds left after vehicle lien sales. The veto means the current system remains in force.

The proposal concerned money that can remain after a vehicle is sold through the lien-sale process following towing or storage-related action. Its intended change did not take effect because Newsom declined to sign the bill.

As reported by Carscoops, the dispute focuses on the destination and treatment of proceeds that are not claimed after such a sale, rather than on the towing process itself.

For drivers in Montenegro, the case is a reminder that towing, storage and vehicle-sale rules vary sharply by jurisdiction. Owners facing a tow or impound situation should keep records, act promptly and check the applicable local procedures for recovering a vehicle or any money connected to its sale.

Source: Carscoops