Towing companies; revise notice provisions to owners and lienholder, authorize civil penalty.

SB 2724 updates Mississippi towing regulations to improve notice requirements for vehicle owners and lienholders. It requires towing companies to notify owners within five business days (via email for lienholders and registered mail for owners) and make a good-faith effort to locate missing contact information using tag details, inspection stickers, or vehicle documents. Failure to comply bars towing companies from charging fees and imposes civil penalties of $1,000 for the first violation and $2,000 for repeat offenses. The bill also mandates towing companies maintain compliance records for three years.