The bill amends the Natural Resources and Environmental Protection Act by updating sections related to the sale and transfer of watercraft and off-road vehicles (ORVs). It introduces a requirement that a person must deliver a certificate of title to the purchaser when selling or disposing of a watercraft, and similarly, a purchaser must obtain a certificate of title in their name. Additionally, the bill allows the Secretary of State to establish an electronic system for processing the notification and transfer of ownership interests in watercraft and ORVs, provided that none of the parties involved is a dealer. This electronic system would require compliance with necessary departmental requirements and the protection of proprietary information.
Furthermore, the bill specifies that the Department of State is not obligated to issue a certificate of title for an ORV if the title is subject to a security interest. The amendments aim to streamline the process of transferring ownership and enhance the efficiency of title management for watercraft and ORVs through electronic means.
Statutes affected:
Senate Introduced Bill: 324.80304, 324.81105