This bill proposes several updates to the current statutes regarding vehicle titles in Arizona. Notably, it introduces a requirement that the endorsement on the certificate of title or title transfer form must be notarized or witnessed, except as specified in section 28-2091. Additionally, the bill clarifies the process for insurance companies to apply for salvage, stolen, or nonrepairable vehicle certificates of title, specifying that they must submit an application within thirty days after the title is assigned to them. It also outlines the conditions under which the department will issue these certificates and the responsibilities of vehicle owners in relation to salvage vehicles.

Furthermore, the bill modifies existing language by deleting certain provisions and adding new ones that enhance clarity and compliance requirements. For instance, it emphasizes the need for owners to disclose the status of a vehicle as a salvage vehicle when selling it and establishes penalties for failing to do so. The bill also ensures that the provisions related to certificates of title apply equally to salvage, stolen, and nonrepairable vehicle certificates, thereby streamlining the legal framework governing these titles. Overall, the updates aim to improve the regulatory process surrounding vehicle titles and enhance consumer protection.

Statutes affected:
Introduced Version: 28-2058, 28-2091, 28-370, 28-2094, 28-2051, 28-2060