AMENDMENT FOR PRINTED BILL
1236wa

___________________ moved that HB 1236 be amended as follows:


    On page 3, after line 18 of the printed bill, insert:

"    Section 4. That chapter 32-3 be amended by adding a NEW SECTION to read:

    Notwithstanding any other law, if an insurer is unable to obtain a certificate of title for a motor vehicle from the owner or lienholder within forty-five days of payment of a total loss claim on the motor vehicle, and is unable to surrender the certificate of title to the department as required pursuant to § 32-3-51.20, the department shall issue a salvage title or certificate of title for the motor vehicle to the insurer when the insurer provides to the department:

            (1)    Proof of payment for the motor vehicle to the registered owner; and
            (2)    Proof of payment in satisfaction of any lien that was previously perfected on the vehicle.

    The department may promulgate rules, pursuant to chapter 1-26, to implement the provisions of this section.".