Earlier this month, House Bill 1384 was introduced to the Arkansas Legislature, proposing improvements to the state’s self-storage lien law. Today the bill was reviewed by the Senate Committee on Insurance and Commerce and returned to the Senate with a recommendation that it do pass. A third reading of the bill is scheduled for Feb. 28.
HB1384, “An Act to Improve the Process for Notice for Notice of Sale of Property in Default of Self-Storage Payments,” proposes lien-law modernization similar to that being enacted in other states. The changes, if passed, will help self-storage operators in Arkansas save time in money during the lien-notification process with tenants. Proposed modifications include replacing the required Certified Mail return receipt requested with First Class Mail with a certificate of mailing.
The bill is sponsored by Democrat Fred Allen and co-sponsored by Republican Allen Kerr, both of Little Rock, Ark. Detailed information can be found at www.arkleg.state.ar.us/assembly/2011/2011R/Pages/BillInformation.aspx?measureno=HB1384.