Plain English Breakdown
The bill has passed the legislature but no effective date is listed in the provided metadata or digest.
AB-646: Rules for Catalytic Converter Protection Warranties
This law updates rules so that warranties protecting catalytic converters are treated as express warranties instead of insurance, and it sets specific limits on what these warranties must pay.
What This Bill Does
- Expands the definition of a vehicle protection product to include devices or services designed to stop theft of a catalytic converter attached to a vehicle.
- Limits warranty benefits for products covering only the catalytic converter to its actual cash value, replacement cost, temporary rental expenses, and reimbursement for insurance deductibles.
- Clarifies that these warranties must pay out if either the whole vehicle or just the catalytic converter is stolen.
- Requires sellers to give a specified notice when selling body part marking products designed to permanently mark a catalytic converter.
Who It Names or Affects
- Companies and individuals who sell warranty protection for vehicles or catalytic converters.
- Dealers and retail sellers of new or used cars equipped with catalytic converters.
- Vehicle owners who buy products designed to prevent the theft of their car's parts.
Terms To Know
- Express warranty
- A written promise from a seller that is not considered automobile insurance if it follows specific rules set by this law.
- Vehicle protection product
- Any device, system, or service installed on a car to stop theft of the vehicle or its catalytic converter, which includes a written warranty for costs if theft happens.
Limits and Unknowns
- The official text does not state an effective date.
- The specific wording required for the seller's notice is described as 'specified' but not fully detailed in this summary.
- This summary relies only on the provided bill digest and metadata, which may omit minor technical details found in the full legal code.