2025 Regular Session
SB 571
Mandating use of electronic lien and title system for anyone who records more than five liens in calendar year
In Committee
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill requires anyone recording more than five liens on a vehicle within a calendar year in West Virginia to use the state’s electronic lien and title system. It also mandates the creation of digital titles for motor vehicle transactions. The goal is to modernize the vehicle title process and improve efficiency within the Division of Motor Vehicles.
Key provisions
- Requires use of the electronic lien and title system for those recording more than five liens annually.
- Mandates the creation of digital titles for motor vehicle transactions.
- Establishes a process for subsequent lienholders to request recording of their liens.
- Allows for electronic transmission of lien information between parties.
- Specifies procedures for insurance companies and salvage pools to obtain salvage certificates electronically.
- Defines how references to paper certificates of title apply to electronic records.
- Requires financial institutions, dealers, and lienholders recording five or more liens annually to utilize the electronic system.
- Allows for agreements with service providers to administer the electronic lien information exchange.
Who is affected
- Vehicle owners
- Lienholders
- Financial institutions
- Dealers
- The West Virginia Division of Motor Vehicles
Notable changes
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