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 these businesses to take ownership of vehicles that may have previously been excluded due to their higher value.

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 motor vehicle repair facilities and towing companies are not classified as used motor vehicle dealers, which may impact their regulatory obligations. Overall, these amendments are designed to improve the efficiency of handling abandoned vehicles and enhance the ability of businesses to manage such situations.

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