This bill amends the Code of West Virginia 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 for more vehicles to be processed under this provision.
Additionally, the bill modifies the notification requirements for enforcement agencies regarding 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 efficiency of handling abandoned vehicles and ensure that more vehicles can be legally titled and sold.
Statutes affected: Introduced Version: 17-24A-4
Engrossed Version: 17-24A-4