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NC S263

Bill

Status

Introduced

3/12/2013

Primary Sponsor

Harry Brown

Click for details

Origin

Senate

2013-2014 Session

AI Summary

  • Expands the definition of "personal property" subject to self-storage liens to include watercraft in addition to goods, merchandise, and household items.

  • Allows self-storage facility owners to deliver lien sale notices by electronic mail in addition to first-class mail, and permits notice publication through "any commercially reasonable manner" rather than only newspapers.

  • Authorizes conducting sales through online, publicly accessible auction websites as an alternative to in-person auctions, while maintaining the 20-day notice requirement before sale.

  • Increases maximum late fees for self-storage rental contracts from 15% of rental payment to the greater of $20.00 or 20% of the rental payment, with fees only imposed if rent is 5 or more days late.

  • Clarifies that watercrafts and trailers (in addition to motor vehicles) can be towed after 60 days of unpaid rent and related charges.

Legislative Description

Liens/Self-Service Storage Facilities

Last Action

Ref to Commerce. If fav, re-ref to Finance

3/13/2013

Committee Referrals

Finance3/13/2013

Full Bill Text

No bill text available