The proposed bill would amend current statutes related to vehicle titles and registration by allowing powers of attorney to be executed without notarization if submitted electronically by an authorized agent of an insurance company. Specifically, it would permit the electronic signing of the power of attorney, which can then be printed using a commercial product that meets the National Institute of Standards and Technology's identity assurance level 2 or higher, without requiring biometric verification. Additionally, the bill clarifies that a repossession affidavit from a lienholder, whether from Arizona or another state, will be accepted as proof of ownership and right of possession, provided the lienholder is not licensed in Arizona.

Furthermore, the bill introduces new definitions, such as "sign electronically," which describes the process of associating an electronic signature with an electronic record without physical touch. It also immunizes the state from liability when relying on the content of out-of-state repossession affidavits. Overall, these updates aim to streamline the process of vehicle title and registration while enhancing the acceptance of electronic documentation.

Statutes affected:
Introduced Version: 28-370
House Engrossed Version: 28-370