(1) Existing law, the Collateral Recovery Act, provides for the licensure and regulation of repossession agencies by the Bureau of Security and Investigative Services under the supervision and control of the Director of Consumer Affairs. Any person who violates these provisions is guilty of a crime punishable by fine and imprisonment. The act requires an applicant for a qualification certificate to satisfy specified requirements, including possessing 2 years lawful experience that may include experience recovering collateral as a salaried employee of a financial institution or vehicle dealer and that is to consist of a minimum of 4,000 hours of compensated work. The act requires every repossession agency office to be under the active charge of a qualified certificate holder. The act requires licensees to serve a debtor with a specified notice of seizure after the recovery of collateral by the licensee.
California AB 515 (20092010) — Collateral recovery: tow vehicles.
(1) Existing law, the Collateral Recovery Act, provides for the licensure and regulation of repossession agencies by the Bureau of Security and Investigative Services under the supervision and control of the Director of Consumer Affairs. Any person who violates these provisions is guilty of a crime punishable by fine and imprisonment. The act requires an applicant for a qualification certificate to satisfy specified requirements, including possessing 2 years lawful experience that may include experience recovering collateral as a salaried employee of a financial institution or vehicle dealer and that is to consist of a minimum of 4,000 hours of compensated work. The act requires every repossession agency office to be under the active charge of a qualified certificate holder. The act requires licensees to serve a debtor with a specified notice of seizure after the recovery of collateral by the licensee.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass, but re-refer to the Committee on Appropriations. — pass (pass) · upper
Do pass and be re-referred to the Committee on Judiciary. — pass (pass) · lower
AB 515 HAGMAN Consent Calendar Second Day Regular Session — pass (pass) · lower
Do pass and re-refer to Committee on Appropriations with recommendation: To Consent Calendar. — pass (pass) · lower
Do pass, to Consent Calendar. — pass (pass) · lower
Do pass as amended. — pass (pass) · upper
Special Consent #18 AB515 Hagman By Calderon — pass (pass) · upper
AB 515 HAGMAN Concurrence in Senate Amendments — pass (pass) · lower
Sponsors
Hagman — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2009-02-24 Read first time. To print. reading-1
2009-02-25 From printer. May be heard in committee March 27.
2009-03-26 Referred to Coms. on B. & P. and JUD. referral-committee
2009-04-15 From committee: Do pass, and re-refer to Com. on JUD. Re-referred. (Ayes 10. Noes 0.) (April 14). committee-passage-favorable, committee-passage
2009-04-21 From committee: Do pass, and re-refer to Com. on APPR. with recommendation: To Consent Calendar. Re-referred. (Ayes 10. Noes 0.) (April 21). committee-passage-favorable, committee-passage
2009-05-07 From committee: Do pass. To Consent Calendar. (May 6). committee-passage-favorable, committee-passage
2009-05-11 Read second time. To Consent Calendar. reading-2, reading-1
2009-05-14 Read third time, passed, and to Senate. (Ayes 73. Noes 0. Page 1468.) reading-3, passage, reading-1
2009-05-14 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2009-05-21 Referred to Coms. on PUB. S. and JUD. referral-committee
2009-06-01 In committee: Hearing postponed by committee.
2009-06-01 Withdrawn from committee.
2009-06-01 Re-referred to Com. on JUD. referral-committee
2009-06-09 From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 5. Noes 0.) (June 9). committee-passage-favorable, committee-passage
2009-06-29 In committee: Set, first hearing. Hearing canceled at the request of author.
2009-06-29 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. amendment-introduction, reading-2, amendment-passage, referral-committee, reading-1
2009-07-06 In committee: Set, second hearing. Hearing canceled at the request of author.
2009-07-07 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR. amendment-introduction, reading-2, amendment-passage, referral-committee, reading-1
2009-07-23 From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (July 13). amendment-introduction, amendment-passage, committee-passage
2009-08-17 Read second time and amended. Ordered to third reading. amendment-passage, reading-2, reading-1
2009-08-20 Ordered to Special Consent Calendar.
2009-08-24 Ordered to third reading.
2009-08-24 Read third time, amended. To second reading. reading-3, amendment-passage, reading-1
2009-08-25 Read second time. To third reading. reading-2, reading-1
2009-08-26 Read third time, amended. To second reading. reading-3, amendment-passage, reading-1
2009-08-27 Read second time. To third reading. reading-2, reading-1
2009-08-31 Ordered to Special Consent Calendar.
2009-09-02 Read third time, passed, and to Assembly. (Ayes 39. Noes 0. Page 2132.) reading-3, passage, reading-1
2009-09-03 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 5 pursuant to Assembly Rule 77.
2009-09-08 Senate amendments concurred in. To enrollment. (Ayes 79. Noes 0. Page 3086.) amendment-passage, committee-passage-favorable
2009-09-29 Enrolled and to the Governor at 11:30 a.m.
2009-10-11 Approved by the Governor. executive-signature
2009-10-11 Chaptered by Secretary of State - Chapter 322, Statutes of 2009.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/65a736db-6e16-4b77-a0ff-3d366142c343. Confidence: reported (aggregated from official California legislature records).