The bill proposes revisions to the grace period for vehicle titling and the expiration date of temporary registration permits in Montana. Specifically, it amends existing laws to extend the grace period for titling from 40 days to 60 days, as well as the expiration period for temporary registration permits from 40 days to 60 days. This change applies to various types of vehicles, including motor vehicles, trailers, and snowmobiles, and aims to provide vehicle owners with additional time to complete the necessary registration and titling processes.

In addition to the grace period adjustments, the bill also outlines the responsibilities of vehicle owners during the transfer of ownership, including the requirement to apply for a certificate of title within the new 60-day timeframe. If the transferee fails to comply within this period, a late penalty of $10 will be imposed. The bill also clarifies that secured parties or lienholders may pay the fees for title transfer if the transferee does not meet the requirements, and it establishes rules for the transfer of vehicles under these new provisions.

Statutes affected:
LC Text: 61-3-218, 61-3-220, 61-3-317, 61-3-431
SB0028_1: 61-3-218, 61-3-220, 61-3-317, 61-3-431