(A) Deficiency claim. The non-public impound lot operator has a deficiency claim against the registered owner of the vehicle for the reasonable costs of services provided in the towing, storage and inspection of the vehicle minus the proceeds of the sale or auction. The claim for storage costs may not exceed the costs of:
(1) Twenty-five days storage for a vehicle described in § 74.05(A) of this chapter; and
(2) Fifty-five days storage for a vehicle described in § 74.05(B) of this chapter.
(B) Implied consent to sale. A registered owner who fails to claim the impounded vehicle within the applicable time period allowed under § 74.05 of this chapter is deemed to waive any right to reclaim the vehicle and consents to the disposal or sale of the vehicle and its contents and transfer of title.
(2002 Code, § 5.25)