NC H337

Permits electronic signatures and electronic notarization for motor vehicle title applications, registrations, and salvage certificates of title submitted to the Division of Motor Vehicles.

Removes notarization requirements for insurer transfers of salvage vehicles, including exemptions for title transfers, powers of attorney, odometer disclosures, and salvage certificate applications.

Authorizes Division of Motor Vehicles to contract with at least two online registration vendors who may process salvage vehicle title documents on behalf of insurers and used motor vehicle dealers.

Eliminates the requirement that vehicle title assignments be executed in the presence of a notary for transfers between insurers and used motor vehicle dealers involving salvage vehicles.

Effective October 1, 2019.