Sec.14-307-8. Value of motor vehicle

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The commissioner shall require any tower or storage facility which files with the commissioner the DMV Form "Notice of Intent to Sell" to state on such form the market value of the motor vehicle which it intends to sell, where such value is greater than five hundred dollars ($500.00). Such statement of value shall be under penalty of false statement. If the tower or storage facility claims that the market value is not an accurate estimate of the value of the motor vehicle, then a reasonable estimate of current market value may be provided together with a statement of the facts on which such estimate is based.

(Adopted effective October 8, 1997)

                    
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