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MS SB2724
Bill
AI Summary
- Towing companies must notify lienholders via email through a Mississippi Department of Revenue-approved vendor within five business days of towing a vehicle
- Timeline for owner/lienholder notification by registered mail shortened from ten days to seven days following the initial tow
- Payment deadline before sale proceedings reduced from 30 days to 20 days from initial tow, while redemption period after certified mail notice extended from 10 days to 20 days
- Department of Insurance authorized to impose civil penalties of $1,000 for first violation and $2,000 for subsequent violations when towing companies fail to make good faith compliance efforts
- Bill takes effect July 1, 2026
Legislative Description
Towing companies; revise notice provisions to owners and lienholder, authorize civil penalty.
Last Action
Died In Committee
2/3/2026
Committee Referrals
Judiciary, Division A1/19/2026
Full Bill Text
No bill text available