Salvaged Motor Vehicles; Transfer; Supporting Documents; Electronic Signature; Indemnification
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
Authorizes supporting documents used to transfer ownership of a motor vehicle to an insurance company after payment of damages from the result of a total loss insurance settlement to be signed electronically. Requires insurance companies to indemnify and hold harmless the Director of Finance for any claims resulting from the issuance of motor vehicle titles utilizing documents signed electronically without a notary. Effective 7/1/2027. (CD1)
Bill text
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Document of record
- Version
- SB2053 .PDF file
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Sponsors
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6 on record
Primary sponsor
Cosponsors
Angus L.K. McKelvey
Herbert M. "Tim" Richards III
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