Relating to possessory liens on motor vehicles.

Requires person, before creating, attaching, asserting or claiming lien on motor vehicle, to have in effect bond of not less than $20,000 for purpose of paying owner of motor vehicle full amount of damages, costs, reimbursements or attorney fees owner obtains in action to obtain release or restored title to motor vehicle. Permits owner to bring action and obtain damages and other relief. ] Provides that person may not create, attach, assert or claim possessory lien on motor vehicle unless person performs service that complies with certain statutes and that involves making, altering, repairing, transporting, storing, providing services for, supplying material for or performing labor in connection with motor vehicle and person is franchised motor vehicle dealership, holds towing business certificate or creates, attaches, asserts or claims lien against abandoned motor vehicle. Requires person other than franchised motor vehicle dealership, person that holds towing business certificate or person that creates, attaches, asserts or claims lien against abandoned motor vehicle to have in effect valid surety bond in amount not less than $20,000 before making, altering, repairing, transporting, storing, performing services for, supplying materials for or performing labor in connection with motor vehicle. Permits owner of motor vehicle to bring action and obtain damages and other relief.