Louisiana 2022 2022 Regular Session

Louisiana House Bill HB604 Introduced / Bill

                    HLS 22RS-1062	ORIGINAL
2022 Regular Session
HOUSE BILL NO. 604
BY REPRESENTATIVE DAVIS
MOTOR VEHICLES:  Provides for the transfer of ownership of a vehicle to an insurer
1	AN ACT
2To enact R.S. 32:707(B)(3), relative to the transfer of ownership of a vehicle; to provide for
3 the transfer of ownership to an insurer resulting from a claim settlement; and to
4 provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 32:707(B)(3) is hereby enacted to read as follows: 
7 ยง707.  Application for certificates of title; exception; salvage title; antique vehicles;
8	reconstructed title
9	*          *          *
10	B.
11	*          *          *
12	(3)  Notwithstanding any provision of law to the contrary, a transfer of
13 ownership of a vehicle to an insurer, resulting from the settlement of a total loss
14 claim, shall not require a notarized signature on the vehicle's certificate of title.
15 Supporting documents required for a transfer of ownership of a vehicle to an insurer,
16 resulting from the settlement of a total loss claim, shall not require a notarized
17 signature, if signed electronically at a National Institute of Standards (NIST) Level
18 2 or higher authentication.
19	*          *          *
Page 1 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 22RS-1062	ORIGINAL
HB NO. 604
DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part
of the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 604 Original 2022 Regular Session	Davis
Abstract: Provides for the transfer of ownership of a vehicle to an insurer.
Present law provides that any purchaser of a vehicle, other than a mobile home, shall file an
application for a new certificate of title within five days after the delivery of a previously
issued certificate of title for such vehicle, or within five days of the delivery of the vehicle,
if a certificate of title has not been previously issued.
Proposed law retains present law and provides that a transfer of ownership of a vehicle to
an insurer, resulting from the settlement of a total loss claim, shall not require a notarized
signature on the vehicle's certificate of title.
Proposed law provides that supporting documents required for a transfer of ownership of a
vehicle to an insurer, resulting from the settlement of a total loss claim, shall not require a
notarized signature, if signed electronically at a National Institute of Standards (NIST) Level
2 or higher authentication.
(Adds R.S. 32:707(B)(3))
Page 2 of 2
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.