shall no longer be considered a vehicle and shall not be
reconstructed, retitled or issued a certificate of any kind.
(b) Vehicles.--[Any owner who transfers a vehicle to a scrap
metal processor shall assign the certificate of title,
certificate of salvage or nonrepairable certificate to the
processor. The processor shall attach the certificate to the
proper department form, immediately send it to the department
and retain a copy in accordance with the provisions of
subsection (a).] Any owner who transfers a vehicle or a salvage
vehicle to a scrap metal processor shall assign the certificate
of title or certificate of salvage to the scrap metal processor.
Such certificate of title or certificate of salvage is exempt
from the requirements of notarization and verification by a
corporate officer.
(c) Title not assigned.--Notwithstanding any provision of
law to the contrary, an insurer, as defined in section 1702
(relating to definitions), to which title to a vehicle has not
been assigned within 30 days following payment to the insured,
claimant or lienholder of the replacement value of the vehicle
shall be regarded as a transferee and may, at any time
thereafter and without presenting the certificate of title,
apply to the department, or an authorized agent of the
department, for a certificate of salvage upon a form furnished
and prescribed by the department. The application shall be
accompanied by evidence that the insurer has paid the
replacement value of the vehicle, a copy of a written request
for the certificate of title by the insurer or its designee, and
proof that a nationally recognized courier service delivered the
request to the last known address of the insured or claimant and
any known lienholder. The submission shall be deemed proper
20150HB0871PN1727 - 2 -
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