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NC S412
Bill
AI Summary
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Creates a process for used motor vehicle dealers to dispose of vehicles donated to 501(c)(3) charitable organizations when titles are not provided within 10 days of donation.
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Requires dealers to notify last registered owners and lienholders by certified mail that the vehicle has been donated, with 30 days for owners to reclaim the vehicle at no charge.
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Allows dealers to obtain duplicate titles in the charitable organization's name after 30 days if owners fail to object, with liens deemed extinguished.
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Permits dealers to file special proceedings or civil actions to obtain court authorization to sell vehicles if notice cannot be delivered or vehicles are not titled in North Carolina.
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Exempts charitable organizations from motor vehicle dealer licensing requirements and highway use tax when vehicles are donated solely for resale purposes.
Legislative Description
Abandoned Vehicles/Charities
Last Action
Ch. SL 2018-43
6/22/2018