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GA HB878
Bill
Status
Engrossed
2/26/2014
Primary Sponsor
Alan Powell
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AI Summary
- Clarifies that liens on abandoned motor vehicles cover reasonable fees for removal and storage, plus notification and advertisement costs, up to the date of retrieval or public sale of the vehicle
- Requires that written demands for lien foreclosure include an itemized statement of all charges covering fees through the date of retrieval or public sale, sent via certified/registered mail or statutory overnight delivery
- Sets the affidavit filing fee for lien foreclosure at $10.00 per motor vehicle, with no additional fees or surcharges permitted regardless of the court in which it is filed
- Revises the distribution of unclaimed sale proceeds (after a 12-month holding period) so that the person who placed the lien and initiated foreclosure receives an equal share alongside the applicable government general fund(s)
- Amends Article 1 of Chapter 11 of Title 40 of the Official Code of Georgia Annotated, specifically Code Sections 40-11-4, 40-11-5, and 40-11-8
Legislative Description
Motor vehicles; certain fees included in liens upon abandoned vehicles; provide
Last Action
Senate Read Second Time
3/10/2014
Full Bill Text
No bill text available