1. (a) When a registration service voluntarily goes out of business, the service shall notify the department's local Division of Investigations and Occupational Licensing office not later than the first departmental business day after the closing date.

   1. (1) The notification shall include the date of the last day of business for the registration service.

2. (b) When a registration service voluntarily goes out of business, the registration service shall be responsible for completing all pending transactions prior to the closure of the business.

   1. (1) When a registration service fails to complete any pending transactions, the service shall notify in writing not later than the third departmental business day after the closing date all clients whose transactions were not completed prior to closure of the business.

      1. (A) The client notification shall include the date of the last day of business for the registration service, a statement that all transactions pending with the registration service are required to be delivered to the department's local Division of Investigations and Occupational Licensing office not later than the third departmental business day following the service's last day of business, and the address and phone number of the local office.

Note: Authority cited: Section 1651, Vehicle Code. Reference: Sections 505.2 and 11407, Vehicle Code.

History

1. Change without regulatory effect renumbering former section 450.52 to section 330.52 filed 7-19-93 pursuant to title 1, section 100, California Code of Regulations (Register 93, No. 30).