Loading chat...

AR SB334

Bill

Status

Passed

3/28/2017

Primary Sponsor

Jason Rapert

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Requires insurers to surrender salvage vehicle titles to the Office of Motor Vehicle within 30 days of acquisition, or notify the office if the insurer does not take title.

  • Allows insurers and non-insurer owners to exchange titles for salvage certificates or parts-only titles if the vehicle is 8 or more model years old before the calendar year of occurrence.

  • Requires the Office of Motor Vehicle to attach a note or stamp to title copies indicating salvage status, which remains in place until a salvage vehicle title is issued.

  • Changes the age threshold for branded title applicability from 7 model years old "prior to" to 8 or more model years old "before" the calendar year of occurrence.

  • Requires any branded title to retain the salvage brand for the life of the motor vehicle.

Legislative Description

To Amend The Law Concerning The Branding Of A Title.

Last Action

Notification that SB334 is now Act 651

3/28/2017

Committee Referrals

Public Transportation3/8/2017
Transportation, Technology & Legislative Affairs2/13/2017

Full Bill Text

No bill text available