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 send or deliver titles, whether in paper or electronic format, to the holder of the first lien, and it establishes that no paper certificate of title will be issued once the digital title system is fully adopted.

Additionally, the bill outlines the process for recording subsequent liens and the necessary information required for such recordation. It allows for 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. The bill also includes a provision for insurance companies to request a salvage certificate if they cannot obtain the necessary ownership documentation within a specified timeframe. Overall, the legislation aims to modernize the lien recordation process and enhance efficiency through electronic means.

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