ARIZONA STATE SENATE
Fifty-Fifth Legislature, First Regular Session
electronic certificates of title.
Purpose
Allows the Arizona Department of Transportation (ADOT) to contract with an association of new motor vehicle dealers to manage a lien recording system.
Background
Current statute allows the Director of ADOT (Director) to establish a system that records certificate of title information for newly issued, transferred and corrected certificates of title. This includes the perfection and release of security interests through electronic media in a cost-effective manner in lieu of submission and maintenance of paper documents. In addition, the Director is required to: 1) establish procedures for issuing and maintaining a system that is applicable to all certificate of title transactions in Arizona; and 2) develop methods to electronically share information related to applications for certificates of title with law enforcement agencies (A.R.S. 28-2064).
There is no anticipated fiscal impact to the state General Fund associated with this legislation.
Provisions
1. Allows ADOT to contract with an association of new motor vehicle dealers to manage a lien recording system on behalf of ADOT and at no cost to Arizona.
2. Becomes effective on the general effective date.
House Action
TRANS 2/3/21 DP 11-0-0-1
3rd Read 2/11/21 60-0-0
Prepared by Senate Research
March 3, 2021
ZD/SS/kja