Bill

Bill > A1480


NJ A1480

NJ A1480
Requires secured party to deliver motor vehicle certificate of ownership by certified mail.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

The bill requires that a motor vehicle certificate of ownership be delivered to the buyer by certified mail, return receipt requested. Under current law, the delivery method of a certificate of ownership is not specified. The bill is applicable to a lender, seller, or other person who has ownership over a motor vehicle until the obligation of debt has been satisfied. The certificate of ownership, or vehicle title, is proof of a buyer's ownership of a vehicle. This important document should be transmitted to the buyer via a secure delivery method.

AI Summary

This bill requires that a motor vehicle certificate of ownership (also known as a vehicle title) be delivered to the buyer by certified mail, return receipt requested. Under the current law, the delivery method for the certificate of ownership is not specified. The bill applies to lenders, sellers, or other parties who have ownership over a motor vehicle until the debt obligation has been satisfied. Transmitting the certificate of ownership, which is proof of the buyer's ownership of the vehicle, through a secure delivery method is intended to ensure that this important document is properly received by the buyer.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/14/2020)

bill text


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