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AR SB541
Bill
Status
5/5/2025
Primary Sponsor
Greg Leding
Click for details
AI Summary
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Towing and storage companies must release nonconsensually towed vehicles, implements, or machinery to owners or their representatives even if the owner has not paid the possessory lien
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Owners who receive their vehicle back without paying the lien are prohibited from selling it until the former possessory lien is satisfied
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Selling a released vehicle without satisfying the former possessory lien constitutes a Class C misdemeanor
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Violators who sell without paying the lien must pay twice the amount of the possessory lien to the lien holder, in addition to criminal penalties
Legislative Description
To Amend The Law Concerning The Towing Or Storage Of A Vehicle, Implement, Or Piece Of Machinery; And To Amend The Law Concerning The Release Of A Vehicle That Has Been Towed Or Stored.
Last Action
Died in Senate Committee at Sine Die adjournment.
5/5/2025