Bill
Bill > A4142
NJ A4142
NJ A4142Requires secured party to deliver motor vehicle certificate of ownership by certified mail.
summary
Introduced
09/19/2016
09/19/2016
In Committee
09/19/2016
09/19/2016
Crossed Over
Passed
Dead
01/08/2018
01/08/2018
Introduced Session
2016-2017 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 current law, the delivery method of the certificate of ownership is not specified. The bill applies to any lender, seller, or other person who has ownership over a motor vehicle until the debt obligation has been satisfied. Transmitting this important document via a secure delivery method ensures the buyer receives proof of ownership for the vehicle.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 09/19/2016)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/A4500/4142_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/A4500/4142_I1.PDF |
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