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IN HB1218
Bill
Status
1/9/2012
Primary Sponsor
Bruce Borders
Click for details
AI Summary
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Requires persons seeking a lien on a motor vehicle to hold a retail merchant's certificate and send notice of the lien to the last registered owner by certified mail
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Mandates that motor vehicle auctions to satisfy liens must occur at an established auction house, with certified mail notice sent to the last registered owner at least 7 days before the auction
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Creates a Class D felony for disposal facilities or scrap metal processors who knowingly, intentionally, or recklessly purchase motor vehicles without accepting a sheriff's certificate of authority or certificate of title
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Updates terminology in vehicle disposal law from "licensed junk dealer" and "automobile wrecker" to "disposal facility" and "scrap metal processor"
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Exempts persons who have been given a sheriff's certificate of authority for a motor vehicle from the definition of "valuable metal dealer" under dealer regulation laws
Legislative Description
Scrapping and liens on motor vehicles.
Last Action
First reading: referred to Committee on Judiciary
1/9/2012