Arkansas Statutes

§ 27-50-1216 — Moving a total-loss vehicle from a storage facility - Definition

Arkansas·Title 27
(a)As used in this section, "storage facility" means a facility where a wrecked or inoperable vehicle is stored that charges storage fees to a vehicle owner as a result of the claim from the wrecked or inoperable vehicle.
(b)(1) (A) If an insurance company determines that a vehicle is a total loss claim, the insurance company may authorize its agent to move the vehicle to a location of its choosing without:
(i)The approval of the storage facility; and (ii) A release document from the owner.
(B)Instead of a release document, the insurance company shall obtain a verbal release from the vehicle owner to move the total loss vehicle as provided under this section and document the verbal release in the claim file.
(2)(A) To authorize the moving of the vehicle, the insurance company shall su

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Arkansas § 27-50-1216 (Moving a total-loss vehicle from a storage facility - Definition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2011, No. 1206, § 1.

Nearby Sections

15
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