Define: Impounded Vehicle

How is Impounded Vehicle defined in a legal contract?

• Impounded Vehicle means a vehicle that is confiscated by law enforcement due to the driver committing a legal violation. This includes offenses such as driving under the influence, driving without registration or insurance, vehicle theft, or the vehicle being involved in a serious accident. Seen in 11 SEC filings.
• Impounded Vehicle means any vehicle that has been removed from a location due to the action of an authorized agency and can only be recovered by the approval of that agency. Seen in 2 SEC filings.
• Impounded Vehicle means a vehicle that has been taken into custody by an officer due to a circumstance that requires a Vehicle Release Form to be obtained before the vehicle is liberated from the storage area. Seen in 2 SEC filings.
• Impounded Vehicle means any vehicle which is taken into possession as a result of an accident or criminal investigation. Seen in 2 SEC filings.
• Impounded Vehicle means any vehicle, motorcycle, or other motorized and non-motorized equipment that is seized under city laws. Seen in 1 SEC filing.
• Impounded Vehicle means any motor vehicle that is taken into custody by a peace officer for non-investigatory reasons such as being abandoned or unlawfully parked. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of impounded vehicle' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Impounded Vehicle means a vehicle that's been seized officially due to legal offenses or regulatory requirements, held under [authority's] management, pending lawful release process.

Relevant Contract Types

• Towing Contracts
• Vehicle Seizure Agreement
• Vehicle Storage Agreement
• Law Enforcement Contracts

Relevant Circumstances

• Offenses including but not limited to driving under the influence, reckless driving, unlawful parking, or involvement in a criminal investigation.
• Violations of specific regulations established by local or national transportation and motor vehicle department.

Relevant Sectors

• Automotive Industry
• Transportation
• Law Enforcement

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Genie Definition 2

• Impounded Vehicle means any operated equipment, including non-motorized, that's confiscated under [laws/sections] enforceable by [authority].

Relevant Contract Types

• Confiscation Agreement
• Municipal Code Enforcement Contract
• Towing and Impound Contracts

Relevant Circumstances

• Violation of municipal codes or laws, enforceable by local authorities.
• Management and control of abandoned vehicles or equipment.

Relevant Sectors

• Municipal Government
• Equipment Rental
• Automotive

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