<Section operative until Jan. 1, 2024. See, also, § 10855 operative Jan. 1, 2024.>
(a)(1) If a person who has leased or rented a vehicle willfully and intentionally fails to return the vehicle to its owner within 72 hours after the lease or rental agreement has expired, the person shall be presumed to have embezzled the vehicle.
(2) If the owner of a vehicle that has been leased or rented discovers that it was
procured by fraud, the owner is not required to wait until the expiration of the lease
or rental agreement to inform law enforcement pursuant to subdivision (c).
(b) The owner of an embezzled vehicle as described in paragraph (1) of subdivision
(a) shall attempt to contact the other party to the lease or rental agreement who
has failed to return the vehicle using the contact method designated in the rental
agreement for this purpose. If the owner is able to contact the party, the owner shall inform the party that
if arrangements for the return of the vehicle that are satisfactory for the owner
are not made, the owner may report the vehicle stolen to law enforcement. If the owner is not able to contact the other party after a reasonable number of
attempts, or, if upon contacting the other party, the owner is not able to arrange
for the satisfactory return of the vehicle, the owner may report the vehicle stolen
pursuant to subdivision (c).
(c) The owner of a vehicle that has been embezzled as described in paragraph (1) of
subdivision (a), after satisfaction of the requirements of subdivision (b), or of
a vehicle that was stolen as described in paragraph (2) of subdivision (a), may report
this occurrence to a peace officer.
(d) The lease or rental agreement shall disclose that failure to return the vehicle
within 72 hours of the expiration of the lease or rental agreement may result in the
owner reporting the vehicle as stolen and shall require the lessee to provide a method
to contact the lessee if the vehicle is not returned.
(e) Section 40000.1 does not apply to an owner who fails to comply with this section.
(f) This section shall remain in effect until January 1, 2024, and as of that date,
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