What if the listing shows the financial institution as “Closed” or “No Information Available?
If the listing shows the financial institution as “Closed” or “No Information Available” you will need to: • Provide evidence of your attempt to obtain a release by sending a certified letter to the legal owner address shown on your vehicle registration. • Submit the returned certified letter, or the postal receipt after 30 days, to the DMV. • Complete a Statement of Facts (REG 256). The REG 256 should include the license plate number, vehicle identification number (VIN), the year and make of the vehicle, the value of the vehicle, and indicate that the legal owner is unavailable. • Include a Motor Vehicle Defective Bond purchased for the current retail value of the vehicle. The bond must be purchased from a business currently licensed to do business in California. Consult the Bonds Surety & Fidelity section of the phone book. • Keep a copy of all documents for your records. • You may submit the documents listed above either in person or by mail. You can make an –>Appointment(s) at you
Related Questions
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