Bill

Bill > A4142


NJ A4142

NJ A4142
Requires secured party to deliver motor vehicle certificate of ownership by certified mail.


summary

Introduced
09/19/2016
In Committee
09/19/2016
Crossed Over
Passed
Dead
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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