Under existing law a person has a lien, dependent upon possession, for the amount the person is owed for any services, materials, or storage provided for any aircraft, unless specified exceptions apply. If the lienholder is not paid the amount due within 10 days of its due date, the lienholder may sell the property at public auction. Prior to selling the property, the lienholder must publish a notice of sale in a newspaper published in the county or, if there is no such newspaper, in three of the most public places in the city or place where airplanes are sold, as specified.
This bill would increase the notice requirement to require the lienholder, where there is no newspaper in the county, to publish a notice of sale in five of the most public places in the city or place where airplanes are sold.

Statutes affected:
AB 501: 7120 CORP
02/10/25 - Introduced: 7120 CORP
03/24/25 - Amended Assembly: 7120 CORP