Disposition of Personal Property Found in or on Repossessed Vehicle — Reclamation by Owner

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  1. When a vehicle is repossessed in this state, the individual, business or agency involved in the repossession may not abandon any personal property found in or on the vehicle for a period of fourteen (14) days following the repossession; provided further, that the individual, business or agency and any other individual or entity may not sell or otherwise dispose of the personal property during this fourteen-day period, notwithstanding title 45 or this title. If the owner reclaims the personal property within the fourteen-day period, then the owner shall be given possession without payment of any charges or fees.
  2. For purposes of this section:
    1. “Personal property” means any and all movable property not permanently affixed to the vehicle; and
    2. “Vehicle” includes any:
      1. Motor vehicle as defined in § 55-1-103;
      2. Aircraft as defined in § 42-2-101;
      3. Personal watercraft as defined in § 69-9-501;
      4. Boat as defined in § 69-3-103;
      5. Off-road vehicle as defined in § 47-25-1902;
      6. Farm tractor as defined in § 55-1-104;
      7. Tractor-drawn major farm implement subject to § 39-14-135; and
      8. Industrial equipment operated by means of mechanical power upon which a person or property may be transported.


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