HB669 Alabama 2012 Session

Summary

Primary Sponsor

Randy WoodRepresentative

Republican

Session

Regular Session 2012

Title

Motor vehicles, security interests, older model vehicles, time before considered satisfied reduced, Sec. 32-8-64.2 am'd

Summary

The bill reduces the time before a lien on older vehicles (12+ model years) is considered satisfied from 5 years to 3 years.

What This Bill Does

For most vehicles that are 12 or more model years old, it changes the satisfaction period from five years to three years after the security agreement date. Travel trailers and vehicles weighing more than 12,000 pounds gross weight follow the existing rules under Section 32-8-64, not the new three-year rule. If a lien needs to stay in effect beyond the three-year period, an application for a second title can be filed to continue perfection; otherwise, standard perfection rules apply. The Department may require lien releases to be submitted electronically within 10 days of satisfaction. The act becomes law on the first day of the third month after passage and approval.

Who It Affects

• Owners or borrowers who have liens on vehicles that are 12 or more model years old; their lien releases would occur after 3 years instead of 5.
• Lenders/secured parties holding those liens and the Alabama Department of Revenue; they may need to file a second title to continue lien perfection beyond 3 years, and lien releases may be submitted electronically within 10 days of satisfaction.

Key Provisions

• Amends Section 32-8-64.2 to reduce the satisfaction period for liens on vehicles 12 or more model years old from five years to three years after the security agreement date.
• Travel trailers and vehicles weighing more than 12,000 pounds gross weight remain subject to the existing rules (not the new three-year rule) under Section 32-8-64.
• To maintain continuous lien perfection beyond the three-year period for applicable vehicles, an application for a second title must be submitted before the end of the three-year period; otherwise, perfection follows Section 32-8-61.
• The department may require all lien releases to be submitted electronically within 10 days of satisfaction.
• The act becomes effective on the first day of the third month following its passage and approval.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Motor Vehicles