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By Mr. Torrisi of North Andover, petition (accompanied by bill, House, No. 3661) of David M. Torrisi that the Registrary of Motor Vehicle establish an electronic lien titling program. Transportation |
The Commonwealth of Massachusetts
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PETITION OF:
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In the Year Two Thousand and Seven.
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Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 9 of chapter 90D of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by adding the following subsection:—
(c) The registrar shall administer an electronic titling program that permits the recording of vehicle title information for new, transferred and corrected certificates of title through electronic media in a cost-effective manner in lieu of the submission and maintenance of paper documents otherwise required by this chapter. Said electronic titling program shall include, but not be limited to, methods by which vehicle title information, including the perfection, release, and assignment of vehicle security interests may be submitted through electronic media. Except for persons and lienholders who are not normally engaged in the business or practice of financing vehicle sales or leases, lienholders shall participate in said electronic titling program.