SEMA eNews Vol. 17, No. 16, April 17, 2014

Colorado Bill to Protect Collector Cars from Salvage Brand Goes to Governor

By SEMA Washington, D.C., Staff

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The House and Senate approved legislation that originally repealed the six-year limitation for applying a salvage brand to a motor vehicle whose cost of being repaired exceeded its value.
   

Legislation that originally repealed the six-year limitation for applying a salvage brand to a motor vehicle whose cost of being repaired exceeded its value was approved by the House and Senate and now goes to the governor for his signature and enactment into law. A SEMA-supported amendment to the bill protects from the salvage brand all vehicles that qualify as collector’s items, horseless carriages or street rods at the time of damage.

The measure now protects collector cars from a permanent “salvage” blemish on the vehicle’s title, which would have made it suspect even if the vehicle is expertly restored or modified.

For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.

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