Self Storage Auctions

Tennessee Governor Bill Haslam signed Public Chapter 293 on April 29, 2013. It is an act to amend Tennessee Code Annotated, Title 56, Chapter 6 and Title 66, Chapter 31, relative to the sale of insurance for self storage unit possessions in a storage facility.

The bill will go into effect on July 1, 2013.

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Here is a link for the signed bill:
http://www.msiit.net/wp-content/uploads/2013/07/Tennessee_pc0293.pdf

And, here is a link for the bill history:
http://wapp.capitol.tn.gov/apps/BillInfo/Default.aspx?BillNumber=SB1147

There are several interesting changes that were made and it would be in the best interest of the storage auction locker buyer to review this bill if you purchase lockers in the state of Tennessee.

I will be updating our resource here a few days after July 1, 2013 so the changes are reflected on our web site.