New Jersey A4271 prohibits towing companies from charging stolen vehicle owners a fee to release their vehicles from storage facilities.

New Jersey A4271 amends the "Predatory Towing Prevention Act" to prohibit towing companies from charging owners of stolen vehicles a fee to release their vehicles from storage facilities. Owners of stolen vehicles have 72 hours to retrieve their vehicles without incurring a fee. If the 72-hour period passes, the towing company may charge a fee for the days the vehicle has been kept at the storage facility beyond the 72-hour period. The fee to release the vehicle will be paid by the insurance carrier or, if the vehicle is not insured, by the New Jersey Motor Vehicle Commission.

New Jersey A4271 prohibits towing companies from charging stolen vehicle owners a fee to release their vehicles from storage facilities.

New Jersey A4271 amends the "Predatory Towing Prevention Act" to prohibit towing companies from charging owners of stolen vehicles a fee to release their vehicles from storage facilities. Owners of stolen vehicles have 72 hours to retrieve their vehicles without incurring a fee. If the 72-hour period passes, the towing company may charge a fee for the days the vehicle has been kept at the storage facility beyond the 72-hour period. The fee to release the vehicle will be paid by the insurance carrier or, if the vehicle is not insured, by the New Jersey Motor Vehicle Commission.