IC 24-14-7-3: Release of property to owner or lienholder

Sec. 3. (a) As used in this section, "property" means any of the following:

(1) A truck (as defined in IC 9-13-2-188).

(2) A trailer (as defined in IC 9-13-2-184).

(3) Cargo.

(b) A person may file a complaint with the attorney general alleging a violation of this article under IC 24-14-10-1 if the person:

(1) owns or holds a lien on property held at a towing company or storage facility; and

(2) believes the charges relating to a tow or the storage of the property are unreasonable.

(c) Not later than twenty-four (24) hours after receipt of:

(1) seventy-five percent (75%) of the amount charged;

(2) proof of a bond obtained by the owner for the remaining twenty-five percent (25%) of the amount of the invoice; and

(3) a copy of a complaint filed with the attorney general alleging a violation of this article under IC 24-14-10-1;

a towing company or storage facility shall release all property to a properly identified person who owns or holds a lien on the property.