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2001 SESSION

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HB 1991 Recordation of security instrument upon transfer of vehicle title.

Introduced by: Richard H. Black | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Recordation of security instrument upon transfer of vehicle title. Provides that when a motor vehicle dealer places, or is required to place, a statement of a security interest on a certificate of title to a motor vehicle, trailer or semitrailer that has been transferred or assigned to a purchaser, the dealer may submit the properly transferred or assigned title directly to the Department of Motor Vehicles on behalf of the purchaser or transferee.


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