SB 2053: SALVAGED MOTOR VEHICLES; TRANSFER; ELECTRONIC SIGNATURE
- Session Year: 2025-2026
- House: Senate
Current Status:
In Progress
(2026-01-28: The committee(s) on TRS has scheduled a public hearing on 02-03-26 3:00PM; Conference Room 229 & Videoconference.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Authorizes supporting documents used to transfer ownership of a motor vehicle to an insurer 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 1/1/2027.
Discussed in Hearing
3MINFeb 3, 2026
Senate Standing Committee on Transportation
1MINFeb 3, 2026