SB556 H JUD AM 3-5 #1

The Committee on the judiciary moves to amend the bill on page four, section two, line three, following the words " present or" by striking out the remainder of subsection (a) and inserting in lieu thereof the following language:
"has previously authorized the tow company to tow vehicles from the private property. The provisions of this subsection do not apply to the repossession of a motor vehicle that is collateral securing an obligation payable to a financial institution."