Legislative Act 2015-470 amends the unclaimed/abandoned motor vehicle law. Effective July 1, 2016, a person or entity, including towing companies, in possession of an “unclaimed” or “abandoned” motor vehicle must report the following information to the Department of Revenue (DOR) before a motor vehicle can be sold as an “abandoned” motor vehicle. NOTE: ACT 2015-470 only applies to the sale of an abandoned vehicle for which notice is published on or after July 1, 2016. If the notice of the sale was posted prior to July 1, 2016, the vehicle may be sold under the current abandoned motor vehicle law. In this situation, the vehicle must be titled prior to the end of the calendar year 2016, or the purchaser would be required to post a title surety bond in order to title the vehicle.