SB1397 SD1

Report Title:

Motor Vehicles; Transfer of Title; Filing Period

Description:

Allows a certificate of ownership reflecting a transfer of vehicle title to be filed with the director of finance within sixty days of the transfer for vehicles with lienholders without an office within the State. (SD1)

 

THE SENATE	S.B. NO.	1397
TWENTY-FIRST LEGISLATURE, 2001		S.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

 

relating to motor vehicles.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 286-52, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

"(b) Within thirty calendar days thereafter, the transferee shall forward the certificate of ownership so endorsed to the director of finance who shall file the same[.]; provided that, if the recorded lienholder for the motor vehicle does not have an office in the State, the applicable period shall be sixty calendar days. Whenever a transferee fails to comply with these provisions, the director of finance shall charge a fee of $50, in addition to the fee provided in section 286-51, for a new certificate of ownership."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.