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SB 177 - This act opens up salvage pool sales or salvage disposal sales to residents of the United States. Under current law, salvage pool sales or salvage disposal sales are only open to licensed salvage dealers and to persons from foreign countries who purchase salvage vehicles for export outside of the United States. The act also requires operators of salvage pool sales or subsequent purchasers, who sell nonrepairable vehicles to non-U.S. residents, to stamp the titles to such vehicles with the words "FOR EXPORT ONLY." The current law only assigns this duty to the seller of a nonrepairable vehicle. STEPHEN WITTE
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