CT SB00509

Authorizes property owners and lessees to remove unauthorized vehicles or use wheel-locking devices to immobilize them, requiring conspicuous signage on commercial properties stating towing/immobilization policies and redemption procedures.

Permits lending institutions to repossess vehicles by contracting with licensed wreckers or exempt entities, without requiring signage, and requires notification to local police within two hours of towing or immobilization.

Establishes a maximum $50 fee for removing wheel-locking devices, with 10% remitted to the local police department, and prohibits charging storage fees before police notification.

Requires property owners using wheel-locking devices to maintain personnel on-site for at least 8 hours after immobilization and notify police of activities five business days in advance.

Mandates local police enter vehicle identification numbers into crime databases within 48 hours to check for stolen vehicles and modifies repossession notification requirements to occur within two hours rather than immediately.