This bill amends the Code of West Virginia to require the use of the West Virginia Division of Motor Vehicle's electronic lien and title system for all lien recordation by any person or entity that records more than five liens in a calendar year. It introduces provisions for creating digital titles for motor vehicle transactions, ensuring that all liens or encumbrances are recorded electronically. The bill specifies that the Division will issue certificates of title or create digital titles that reflect all liens, and it mandates that financial institutions and dealers must utilize the electronic system for lien recording.

Additionally, the bill includes several key changes to existing law, such as the elimination of the requirement for a paper certificate of title once the Division's digital title system is fully adopted. It also allows for the electronic transmission of lien information and establishes that a certified copy of the Division's electronic record will be admissible as evidence in legal proceedings. Furthermore, it provides a process for insurance companies and authorized entities to request a salvage certificate if they cannot obtain the necessary ownership documentation within a specified timeframe. Overall, the bill aims to modernize the lien recording process and enhance efficiency through electronic means.

Statutes affected:
Introduced Version: 17A-4A-1, 17A-4A-2, 17A-4A-2a