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MI SB0916
Bill
AI Summary
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Amends Michigan's vehicle registration and titling law (1949 PA 300) by modifying sections 217, 222, 229, and 233 regarding certificate of title issuance and vehicle registration procedures.
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Allows the Secretary of State to not issue physical title certificates to vehicle owners when the title is subject to a security interest, enabling electronic lien title systems instead.
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Establishes procedures for duplicate certificate of title issuance when an original is lost, including expedited processes when both the current and new owner appear together at a Secretary of State office.
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Requires dealers to apply for new titles and transfer registration plates within 15 days of vehicle delivery, with penalties of $15 to $100 late transfer fees for non-compliance.
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Effective date is the 91st day after final adjournment of the 2014 Regular Session; act is conditioned on concurrent enactment of Senate Bills 917 and 918.
Legislative Description
Vehicles; title; electronic title for vehicles with a lienholder; allow. Amends secs. 217, 222, 229 & 233 of 1949 PA 300 (MCL 257.217 et seq.). TIE BAR WITH: SB 0917'14, SB 0918'14
State agencies (existing), state
Last Action
Assigned Pa 0290'14
10/2/2014