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Bill > SB2053


HI SB2053

HI SB2053
Relating To Transportation.


summary

Introduced
01/21/2026
In Committee
02/10/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Authorizes supporting documents used to transfer ownership of a motor vehicle to an insurer after payment of damages from the result of a total loss insurance settlement to be signed electronically. Requires insurance companies to indemnify and hold harmless the Director of Finance for any claims resulting from the issuance of motor vehicle titles utilizing documents signed electronically without a notary. Takes effect 1/1/2027. (SD1)

AI Summary

This bill modernizes the process for transferring ownership of a motor vehicle to an insurance company after it has been declared a total loss and the insurance company has paid damages, by allowing supporting documents, such as powers of attorney or odometer disclosure forms, to be signed electronically instead of requiring a notary. This change aims to streamline the process and reduce administrative burdens for vehicle owners, insurers, and county finance directors. The bill also mandates that insurance companies will be responsible for any claims that arise from the issuance of vehicle titles using these electronically signed documents without a notary, and this new provision will take effect on January 1, 2027.

Committee Categories

Business and Industry, Transportation and Infrastructure

Sponsors (6)

Last Action

Senate Commerce and Consumer Protection Decision (09:30:00 2/26/2026 Conference Room 229 & Videoconference) (on 02/26/2026)

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