SB1519 Summary

• Commercial vehicle relocators and private towing services must notify the lienholder of record within 2 business days of vehicle removal by certified mail, including the storage fee rate and right to inspect the vehicle within 2 business days.

• Failure to provide required lienholder notification prevents storage fees from being assessed and collected, and entitles the lienholder to injunctive relief for possession without paying storage fees.

• Lienholder of record may recover any storage fees already paid if they discover the vehicle through means other than the required notification.

• Towing services cannot foreclose or enforce liens relating to storage fees unless they first comply with the lienholder notification requirements in Section 4-216.

• For out-of-state registered vehicles, storage fees may begin accruing when the towing service files a request for lienholder information with the appropriate state agency, provided proof of filing and required notification are furnished within one business day of receiving lienholder information.