Towing and sale of motor vehicles; revise records and notification requirements related to.

SB 2848 requires towing companies in Mississippi to use a third-party vendor (approved by the Department of Revenue) to notify vehicle owners and lienholders within 7 days of towing, using certified mail. It shortens the timeline for owners to claim their vehicles from 30 days to 30 days after notification, and mandates that if no claim is made within that period, the vendor must notify the Department of Revenue to remove all liens from the vehicle’s record. This directly affects towing companies (who must follow new notification rules), vehicle owners (who get faster notice), and lienholders (who receive formal sale notices). The bill also requires towing companies to maintain detailed records for three years and mandates specific notification formats to ensure compliance.