The bill amends West Virginia Code §17-24A-4 to facilitate the process for automobile dealers, licensed automobile auctions, motor vehicle repair facilities, and towing companies to obtain titles for abandoned or junked motor vehicles. A significant change is the removal of the requirement that the loan value of the motor vehicle must be less than $9,500 for these entities to apply for a certificate of title and registration. This change aims to streamline the process and allow these businesses to take ownership of vehicles that may have a higher value, thereby enabling them to sell or dispose of these vehicles more efficiently.

Additionally, the bill modifies the notification requirements for enforcement agencies and the entities they hire to take custody of abandoned vehicles. It allows for more flexibility in notifying registered owners and lienholders, particularly when their identities cannot be determined. The bill also clarifies that the requirements for notification may not apply if the registered owner cannot be ascertained through due diligence. Overall, these amendments are designed to improve the management of abandoned and junked vehicles, making it easier for businesses to reclaim and sell these vehicles while ensuring that proper notification procedures are followed.

Statutes affected:
Introduced Version: 17-24A-4
Engrossed Version: 17-24A-4