Plain English Breakdown
The official source material does not provide details on what will happen to existing paper certificates of title or if all transactions can be completed entirely online without a paper certificate of title.
Electronic Vehicle Records
This law allows vehicle transactions to use electronic certificates of title instead of paper ones.
What This Bill Does
- Repeals the requirement for a paper certificate of title in specific vehicle transactions, allowing the use of an electronic format.
- Allows parties involved in vehicle transactions to request either a paper or electronic version of the certificate of title.
Who It Names or Affects
- People buying, selling, or transferring vehicles.
- Government agencies that handle vehicle registrations and titles.
Terms To Know
- Certificate of title
- A document proving ownership of a vehicle.
- Electronic format
- Information stored on computers or other digital devices instead of paper.
Limits and Unknowns
- The bill does not specify what will happen to existing paper certificates of title.
- It is unclear if all vehicle transactions can be completed entirely online without a paper certificate of title.