The bill S. 997 aims to amend Section 56-19-210 of the South Carolina Code of Laws, which pertains to the requirements for selling or mortgaging vehicles in the state. The key change introduced by this bill is the authorization for South Carolina motor vehicle dealers to sell motor vehicles through consignment. This addition allows dealers to offer vehicles for sale on behalf of other owners, expanding the options available for vehicle sales in the state.

The bill clarifies that it remains unlawful for any person to sell or mortgage a vehicle without a valid certificate of title, but it exempts South Carolina dealers from this requirement when dealing with new vehicles or mobile homes that have a manufacturer's certificate of origin. The proposed changes are intended to facilitate the consignment process for motor vehicle dealers, thereby enhancing the vehicle sales market in South Carolina. The act will take effect upon approval by the Governor.

Statutes affected:
Latest Version: 56-19-210