Struck = removed from the bill ·
added = the amendment's new text.
toiHouse STATEFile OF777 IOWAS-5110 IMREYNLDSAmend GVERNORHouse My1,226File TeHnrbealPte777, SrtrofteoIoaas Steatlpassed DsMie,owa319by Dar.Scei,the Ieeyrni:House, as follows:
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Teaoeoueieseeyapoednhsa.By striking everything after the enacting clause and inserting:
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SceryfhenteSection Cekoteoue321.52, TAECPTOLsubsection SMINS,OA5394, 12151paragraph WW.OVRORIOA.OVa, WCode JRRlQHTj2026, ^nnunnrimmis .WILLUAINT^;amended to read as follows:
tihmtnnUUHUETinunua. V Linmi .1^ igi i ïï;Hl Iî' GENERAL ASSEMBLY W Mwiihiüii::■.
r(1) ■iNotwithstanding ,:iany ;other provision of law to the contrary, an insurer may apply for and be issued a salvage certificate of title for a motor vehicle without surrendering the certificate of title or manufacturer’s or importer’s statement of origin properly assigned if ownership of the vehicle was transferred, or will transfer, to the insurer pursuant to a settlement with the previous owner of the vehicle arising from circumstances involving damage to the vehicle, and at least thirty days have expired since the effective date of such settlement.
ose(2) ieTo 77obtain Na CTsalvage RLTIGcertificate Oof PPICTINStitle ORpursuant ATORto HILEthis AVGEparagraph CRIFCAE“a”, Fthe ITEinsurer Yshall Nmust NURRsubmit ITOUTan RRNERNGapplication TEfor ETIICTEa Fsalvage ILEcertificate Rof NUACURR'Stitle Rto PRTR'Sany SAEMNTcounty Ftreasurer. RGN, AING NATIS PPIABE, ND ICUDNG FECIVE TE OVSIN.
BET(a) NATEDThe Yapplication Eshall EERLmust SSMBYbe Faccompanied HEby ATEan Faffidavit W:from the insurer in which the insurer certifies it has made at least two written attempts to obtain a properly assigned certificate of title or manufacturer’s or importer’s statement of origin for the vehicle by contacting the previous owner of the vehicle and all lienholders of record by certified mail or a similar service that provides proof of service using a return receipt, and has been unable to obtain the title or statement of origin.
ecionThe .failure of a previous owner or lienholder to provide a properly assigned certificate of title or manufacturer’s or importer’s statement of origin shall be deemed to be a waiver by the previous owner or lienholder of all rights, title, claim, and interest in the vehicle.
ecin(b) 2152,Notwithstanding bsctonchapter ,9B, rarahsection ,633B.105, odeor 22,any sother mededprovision oto adthe scontrary, llw:a supporting document submitted with the application, including but not limited to a power of attorney described in section 321.49, a replacement HF 777.2261 (2) 91 -1- th/ns 1/2 certificate of title application for the vehicle owner described in section 321.42, or an odometer statement required under section 321.71 if permitted under 49 C.F.R.
1)pt. otihsaning y ter rviion f w o he cnray, n nurr ay ply r nd e sud a lvge crifcae f ite or aoor eice ihot srenerng te etiicte f ile r nuacurr'sr iprtr's saemnt f rgin oery ssgnd f wnrhip f e vhcle s rasfred, r ll rnse, to e nurr pruat o a tteent th he evos onr f he eice aiing om icustnes noling mae o he hil, ad t eat hity as ae xpred nce e fecive te f sch ttemn.
()580, Tomay tanbe aalagesigned rtfiaeand faffirmed iteunder uruatpenalty oof tisperjury rarahin a,lieu heof nurra halnotarized utsignature ubitand, nin pliaionaccordance orwith aalagechapter rtfcae554D, fthe itesignature omay nybe onyelectronic. resue.
a)The Teaffirmation ppiatonunder hllpenalty utof eperjury comanedis ylimited nto ffdaitthe rmsignature heidentifying nuerthe nsigner hch he srer rtfis t as aethe towner eator wothe itensigner’s temtsrepresentation oof tanthe aauthority oprlyof ssgndthe erifcaenamed fagent ileto rsign aufctrr'son rthe pote'sowner’s ouebehalf. ile 7, .
2(c) SatmetThe fapplication rginshall rmust healso eilebe yaccompanied otatigby hethe evousapplication onerfee frequired eunder eiceparagraph nd“b”, lland ehodesproof fof ecrdpayment yof rtfidthe miltotal ramount aiilrof ericethe atsettlement ovdesby oofthe finsurer riceto ingthe aprevious eurnowner cip,of ndthe asvehicle. en abe o btin e tte or atmnt f rgi.
TheUpon iurereceiving fan arvousapplication nerthat rcomplies lenolerwith othis ovdeparagraph aroely“a”, sigedthe etiictecounty ftreasurer tleshall orissue nuatuersa rsalvage mprtrscertificate saemntof ftitle rginto althe einsurer demdwhich oshall ebe aaieris yfree hereiosand wnrclear rof inhldrall fliens aland igt,claims tte,of li,ownership adand nerstshall nmust hebear hcl.the word “SALVAGE” stamped or printed on the face of the title in a manner prescribed by the department.
()(d) NtwthtadigThe hatrinsurer B,shall etinindemnify 33.05,and rhold ayharmless thrthe rviiondepartment oor ea otrry,county aupotigtreasurer, oumntas sbmttdapplicable, ihfor heany pliaio,claims icudngresulting utfrom tissuing imtd o a pwercertificate fof trnytitle, esriedsalvage ncertificate ctonof 2.9,title, aor pacmetjunking crtfiaecertificate, for itethe ppictonaddition or erelease ehcleof nra dscibdlien nfrom etina 214,title rpursuant nto doetrthis taeentsubparagraph qured(2). udr scton 1.1 f erited der 9 FR.
t.The insurer shall indemnify the vehicle owner by up to two times the actual cash value of the vehicle settlement for any damages resulting from use of the electronic signature in accordance with this subparagraph (2).
0,Sec. ay be gnd nd fimed dr pnlty f rjry n eu f a ntaied inaure d, n codace ih hatr 54, he sgntre ay e ecrni.
he2. fimaion dr enlty f prjry s mied o he gatre dntfyng e iger s te wer r he gnrs rprsnttin f he thriy f te amd gnt o in n he ne's eaf.
()EFFECTIVE TeDATE. ppictin hll ut lso e cmpnid y he aplctin ee euied ner rarah b, nd rof f pymnt f e otl mont f e etleet y he nurr to e rvius wer f e ehcl.
UpnThis eciingAct ntakes aplctineffect hatJanuary mpies1, th2027.> is______________________________ aagaphCOMMITTEE ",ON eTRANSPORTATION outyDAN teauerZUMBACH, hllCHAIRPERSON sueHF aalae777.2261 erifcae(2) f91 ile-2- oth/ns he2/2 isuer ich all e s ee d ler f ll ens d cais f werhip d hllmut ear e od "AVAE" samed r ined n he ce f e ite n aaner pesrbed y e eprmet.
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