A BILL TO BE ENTITLED AN ACT AUTHORIZING AN OWNER OF A SELF-STORAGE FACILITY WHO HAS A LIEN UPON PERSONAL PROPERTY TO DELIVER NOTICE OF THE PUBLIC SALE OF THE PROPERTY TO THE OCCUPANT BY CERTIFIED MAIL OR BY VERIFIED ELECTRONIC MAIL, TO PUBLISH NOTICE IN ANY COMMERCIALLY REASONABLE MANNER, AND TO CONDUCT THE SALE THROUGH AN ONLINE, PUBLICLY ACCESSIBLE AUCTION WEB SITE, AND TO INCREASE THE MINIMUM LATE FEES FOR SELF-STORAGE FACILITY RENTAL CONTRACTS.
Senate committee substitute to the 3rd edition makes the following changes. Amends GS 44A-40 to add definitions of independent bidder and verified electronic mail. Amends GS 44A-43 to clarify that notices may be sent by electronic mail if the occupant has made an election in the rental agreement to receive notice by electronic mail. Provides that for notice of public sale given by the lienor no less than 20 days before the sale, notice given by verified electronic mail is presumed delivered when it is transmitted. Makes conforming and clarifying changes. Amends the title.
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