Bill > HB249

This bill amends Alaska Statute (AS) 28.10 by adding a new section that allows for the transfer of a registered vehicle's title to an insurance company after the company has paid damages to the owner, and importantly, the supporting documents for this transfer, such as a power of attorney or odometer disclosure forms, do not need to be notarized and can be signed electronically and then printed. This change aims to streamline the process for vehicle title transfers to insurers in Alaska, and the bill also includes a provision where the insurance company agrees to protect the state's Department of Transportation and Public Facilities from any claims that might arise from issuing a title under these new rules.

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https://www.akleg.gov/basis/Bill/Detail/34?Root=HB249