Indiana Code 9-22-1-21.5. Liens on vehicles; public sale or auction; civil damages
(1) at the request of a person on whose property an abandoned vehicle is located; or
Terms Used In Indiana Code 9-22-1-21.5
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
has a lien on the vehicle for the reasonable value of the charges for the towing services and other related costs in accordance with IC 9-22-6.
(b) Subject to subsection (c), a person that obtains a lien for an abandoned vehicle under this section must comply with sections 16, 17, 19, and 23 of this chapter. After the requirements of this subsection have been met, a vehicle may be sold at public sale or public auction.
(c) If the vehicle is determined in a commercially reasonable manner to have a fair market value of more than three thousand five hundred dollars ($3,500) by the person that obtains a lien for the abandoned vehicle, the lienholder shall comply with:
(1) section 16 of this chapter;
(2) section 17 of this chapter;
(3) section 19 of this chapter; and
(4) IC 9-22-6.
After the requirements of this subsection have been met, a vehicle may be sold at public auction.
(d) A person that violates subsection (b) or (c) is liable for civil damages to any person that suffers harm because of the violation.
As added by P.L.125-2012, SEC.124. Amended by P.L.262-2013, SEC.106; P.L.198-2016, SEC.369; P.L.157-2017, SEC.4.