TO AMEND THE LAW CONCERNING THE TOWING OR STORAGE OF A VEHICLE, IMPLEMENT, OR PIECE OF MACHINERY; AND TO AMEND THE LAW CONCERNING THE RELEASE OF A VEHICLE THAT HAS BEEN TOWED OR STORED.

Senate Bill 541 amends Arkansas law regarding the nonconsensual towing and storage of vehicles, implements, or machinery. It requires towing and storage companies to release a nonconsensually towed vehicle to its owner or representative, even if the owner has not yet paid the towing or storage fees. However, the bill prohibits owners from selling such a released vehicle without first satisfying the outstanding possessory lien. Violating this prohibition is a Class C misdemeanor and carries a penalty of paying twice the lien amount to the lien holder.