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CO HB1291

Bill

Status

Passed

6/18/2021

Primary Sponsor

Tony Exum

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Expands authority to obtain salvage and nonrepairable vehicle titles to include authorized agents of insurers, in addition to insurers and salvage pools.

  • Allows an authorized agent to request a branded title from the Department of Motor Vehicles when unable to obtain the owner's endorsed certificate of ownership within 30 days of the owner accepting a total loss settlement offer.

  • Defines "authorized agent of an insurer" as a person authorized on department forms to act as the insurer's agent for disposing of vehicles declared a total loss.

  • Requires the title request to include information confirming at least two written attempts to obtain the certificate of ownership and the duplicate title fee; the department form alone is sufficient evidence to issue the branded title.

  • Effective date is 12:01 a.m. on the day following the 90-day period after final adjournment of the general assembly, unless subject to a referendum petition.

Legislative Description

Insurer Agent Branded Vehicle Title

Last Action

Governor Signed

6/18/2021

Committee Referrals

Transportation & Energy5/12/2021
Committee of the Whole5/5/2021
Transportation & Local Government4/22/2021

Full Bill Text

No bill text available