Bill

Bill > A1536


NJ A1536

NJ A1536
Requires secured party to deliver motor vehicle certificate of ownership by certified mail.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 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 with return receipt requested. Under current law, the delivery method is not specified. The bill applies to a lender, seller, or other person who has ownership over a motor vehicle until the debt obligation has been satisfied. Transmitting this important ownership document via a secure delivery method is intended to ensure the buyer receives proof of their vehicle ownership.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/11/2022)

bill text


bill summary

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