Minnesota Governor Signs Bill Authorizing Online Auctions for Self-Storage Liens

Minnesota Gov. Mark Dayton signed an update to the state’s self-storage lien law on May 29 that grants facility operators the right to hold their lien-sale auctions online. Though the previous wording indicated “online sales are permitted,” the new language in House Bill 3380 (HF 3380) explicitly lists “online auction” or a public in-person auction as the two allowable methods to satisfy a self-storage lien.

The measure passed the house with a 125-0 vote and the senate 65-0. The new law goes into effect immediately.

The bill was supported by the Minnesota Self Storage Association and national Self Storage Association (SSA). Minnesota becomes the 22nd state to allow unit contents from delinquent accounts to be sold via online auctions, according to a June 4 SSA e-mail newsletter to its members.

HF 3380 was introduced on March 5.

Sources:
Minnesota State Legislature, HF 3380
The Monday Morning Globe 6/4/18, Minnesota Governor Signs SSA's Bill Authorizing Online Auctions

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