SB 0740
Vehicles: title; requirements for transfer of title by a dealer; provide for. Amends secs. 238, 806 & 810a of 1949 PA 300 (MCL 257.238 et seq.). TIE BAR WITH: SB 0739'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill modifies the Michigan Vehicle Code to clarify the process for dealers transferring vehicle titles. Specifically, it outlines requirements for how dealers must notify the Department of Transportation about security interests in vehicles, including procedures for assigning those interests and handling rejected assignments. The bill also updates fees associated with title transfers, including expedited processing fees and a tire disposal surcharge, and establishes a fund for vehicle theft prevention.
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