SB 2053: SALVAGED MOTOR VEHICLES; TRANSFER; SUPPORTING DOCUMENTS; ELECTRONIC SIGNATURE; INDEMNIFICATION

Session Year: 2025-2026
House: Senate
Latest Version Date: 2026-04-02

Current Status:

In Progress

(2026-04-10: Received notice of disagreement (Sen. Com. No. 564).)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Authorizes supporting documents used to transfer ownership of a motor vehicle to an insurance company 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. Effective 7/1/3000. (HD2)

Discussed in Hearing