H0632B0627A00950 LKK:AAS 04/30/19 #90 A00950
AMENDMENTS TO HOUSE BILL NO. 632
Sponsor: REPRESENTATIVE CARROLL
Printer's No. 627
Amend Bill, page 2, line 27, by inserting after "attorney"
, licensed dealers
Amend Bill, page 2, lines 28 and 29, by striking out "or
insurer as defined in § 1702 (relating to definitions) "
Amend Bill, page 2, line 30, by striking out the bracket
before "when"
Amend Bill, page 3, lines 1 and 2, by striking out "]. The
power of attorney need not be notarized and may be signed
electronically." and inserting
or the title has been lost by the transferer and the
licensed dealer is applying for a duplicate title.
Amend Bill, page 4, by inserting between lines 3 and 4
(d.2) Secure power of attorney, insurance companies.--The
department shall permit an insurer as defined in section 1702
(relating to definitions) to use a secure power of attorney to
transfer a salvage vehicle when the certificate of title is
encumbered with a lien or when the title has been lost by the
transferor and the insurer is applying for a duplicate title.
The power of attorney need not be notarized and may be signed
electronically. The insurer is responsible for ensuring the
power of attorney complies with the requirements of 15 U.S.C. §
7001 et seq. (relating to electronic signatures in global and
national commerce), the requirements of 49 U.S.C. § 32705
(relating to disclosure requirements on transfer of motor
vehicles) and any requirements imposed by the Commonwealth. The
department may, at its sole discretion, permit the use of a
secure power of attorney as described in this subsection for the
transfer of other vehicles in addition to salvage vehicles. If
the secretary of the United States Department of Transportation
promulgates regulations regarding the use of a power of attorney
as described in this subsection, those regulations will
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supersede this subsection in accordance with 49 U.S.C. §
32705(g).
Amend Bill, page 4, line 4, by striking out "(d.2)" and
inserting
(d.3)
Amend Bill, page 4, lines 8 through 13, by striking out all
of said lines and inserting
(d.4) Electronic secure power of attorney.--The department
may, at its sole discretion, permit the use of a secure power of
attorney signed electronically as described in subsection (d.2)
for the transfer of vehicles by licensed dealers.
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