Louisiana HB 877: MOTOR VEHICLES:  Modifies the documentation requirements for resale and reassignment of vehicles

Bill Text

ENROLLED
ACT No. 442
2018 Regular Session
HOUSE BILL NO. 877
BY REPRESENTATIVE PIERRE
1 AN ACT
2 To enact R.S. 32:707(D)(4), relative to the documentation requirements for resale and
3 reassignment of vehicles; to provide requirements for bona fide fleet purchasers of
4 motor vehicles with an inventory exceeding eight thousand vehicles; and to provide
5 for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 32:707(D)(4) is hereby enacted to read as follows:
8 §707. Application for certificates of title; exception; salvage title; antique vehicles;
9 reconstructed title
10 * * *
11 D.
12 * * *
13 (4) Any bona fide fleet purchaser of motor vehicles with an inventory of over
14 eight thousand vehicles shall complete the initial application for certificate of title
15 electronically without the submission of a physical manufacturer's certificate. After
16 completion of the initial application, the purchaser shall create an electronic image
17 of the manufacturer's certificate. The original notarized manufacturer's certificate
18 shall be remitted to the department within sixty days. The electronic manufacturer's
19 certificate shall be maintained on a purchaser's database for a period of twenty-four
20 months. The commissioner may request a copy of the electronic manufacturer's
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.

HB NO. 877 ENROLLED
1 certificate for audit purposes any time during the first twenty-four months after
2 completion of the initial application for certificate of title.
3 * * *
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.