Amendment #1043 to H4000

Electronic Signatures and Electronic Titles

Ms. Ferrante of Gloucester moves to amend the bill by adding the following new sections:-

SECTION XX. Chapter 90D of the General Laws, as so appearing, is hereby amended by inserting after Section 11A the following section:

Section X. Upon receiving notification of satisfaction of a security interest pursuant to section 24, the registrar may waive the issuance and mailing of the certificate of title to the owner, or a third party authorized by the registrar and requested by the lienholder. If the registrar waives the issuance and mailing of the certificate of title, the registrar shall ensure: (i) the owner or authorized third party may receive a paper certificate of title upon request; and (ii) there is a process or system established to ensure the owner or authorized third party may affect action that would otherwise be necessary upon the certificate of title. The registrar may promulgate rules and regulations related to this section.

This section shall take effect 6 months after the effective date of this act.

SECTION YY. Chapter 90D of the General Laws, as so appearing, is hereby amended by inserting after section 24 the following section:

Section X. Notwithstanding subsection (a) of section 16, the registrar shall promulgate rules and regulations to establish an electronic process whereby a vehicle may be sold at retail, reassigned between dealers, or any other method of ownership transfer or sale approved by the registrar. The conveyor of the vehicle shall maintain, invalidate, or surrender the existing paper certificate of title, if applicable, upon completion of the transaction and update of the electronic certificate of title for a vehicle that is retailed, reassigned or transferred under this paragraph, in a form or format prescribed by the registrar.

No later than 6 months after the effective date of this act, the registrar of motor vehicles shall promulgate regulations to implement the above section.

SECTION ZZ. Chapter 90D of the General Laws, as so appearing, is hereby further amended by adding the following section:-

Section X. Electronic signatures as prescribed in section 9 of chapter 110G shall be accepted by the registrar through the electronic process prescribed under section 24. The registrar may promulgate rules and regulations for the requirements for electronic signature authentication, maintenance, invalidation or surrender of a secure paper title bearing an original signature.

This section shall take effect 6 months after the effective date of this act.

Additional co-sponsor(s) added to Amendment #1043 to H4000

Electronic Signatures and Electronic Titles