HB394 Alabama 2019 Session

Under existing law, a 45-calendar day hold is placed on the title record for an unclaimed motor vehicle and no title may be issued during that time period unless the title transaction occurred prior to the date the motor vehicle was deemed unclaimed or the motor vehicle was returned to the recorded owner or lienholder of record.

This bill would extend the unclaimed vehicle title hold to 60 calendar days and would provide a bond requirement for the sale of an abandoned motor vehicle by sellers who are not bonded agents.

Relating to unclaimed motor vehicles; to amend Sections 32-8-84, 32-13-2, and 32-13-3, Code of Alabama 1975, to provide further for the unclaimed motor vehicle title hold; and to provide a bond requirement for the sale of an abandoned motor vehicle by sellers who are not bonded agents.