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AZ HB2813

Bill

Official Source

Status

Introduced

2/9/2022

Primary Sponsor

Sarah Liguori

Click for details

Origin

House of Representatives

Fifty-fifth Legislature - Second Regular Session (2022)

AI Summary

  • Amends Title 44, Chapter 2.1, Article 1 of Arizona Revised Statutes by adding section 44-292.
  • Prohibits sellers, bailors, lenders, or lessors from entering into secondary motor vehicle finance transactions unless the borrower possesses clear title to the vehicle being used as collateral.
  • Applies to motor vehicle financing arrangements where a vehicle serves as security for the transaction.

Legislative Description

Vehicle finance transaction; clear title

Motor Vehicles

Last Action

House read second time

2/10/2022

Committee Referrals

Rules2/9/2022
Transportation2/9/2022

Full Bill Text

No bill text available