S411 - Various Motor Vehicle Law Revisions. (SL 2018-42)

Overview: Secs. 1 through 5 of S.L. 2018-42 make the following changes to motor vehicle dealer and titling laws:

• Requires all individuals and lienholders who conduct at least five motor vehicle transactions a year to use the electronic lien system.
• Makes various changes to laws related to the process of motor vehicle dealers transferring certain motor vehicles when a vehicle's statement of origin or certificate of title are unavailable.
• Delays the date dealers are required to start using LD plates for loaner vehicles from January 1, 2019, to January 1, 2021.
• Requires dealers issuing temporary registration plates to purchasers to deliver sales documents and fees to the Division within 20 days, rather than 10 working days.
• Requires new motor vehicles to be inspected prior to delivery to the purchaser, rather than prior to sale.

The provisions of these sections pertaining to motor vehicle dealers and transfers of vehicles become effective January 1, 2019. The remainder of these sections became effective June 22, 2018.