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Bill > A553


NJ A553

NJ A553
Requires MVC to establish system for salvage processors to electronically process salvage certificates of title.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill requires the Chief Administrator of the New Jersey Motor Vehicle Commission to allow salvage processors to electronically submit applications for the issuance of salvage certificates of title and certificates of ownership, documentation supporting those applications, and any required fees. The bill also requires the chief administrator to allow salvage processors to print salvage certificates of title and certificates of ownership at the facility of the salvage processor.

AI Summary

This bill requires the Chief Administrator of the New Jersey Motor Vehicle Commission to allow salvage processors, whose primary business is the sale of total loss motor vehicles on behalf of insurers, to electronically submit applications for the issuance of salvage certificates of title and certificates of ownership, along with supporting documentation and any required fees. The bill also requires the Chief Administrator to adopt a process for the electronic issuance of these documents that allows the salvage processors to print them at their own facilities.

Committee Categories

Transportation and Infrastructure

Sponsors (9)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/09/2024)

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