ENROLLED
ACT No. 343
2022 Regular Session
HOUSE BILL NO. 604
BY REPRESENTATIVE DAVIS
1 AN ACT
2 To amend and reenact R.S. 32:705(B)(3) and (4) and 707(D)(1)(a) and (J)(1)(c)(introductory
3 paragraph) and R.S. 47:303(B)(2) and to enact R.S. 32:705(B)(5), relative to the
4 transfer of ownership of a vehicle; to provide for the delivery of a certificate to a
5 purchaser; to provide for application for certificates of title; to provide for vendor
6 title responsibilities; and to provide for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1. R.S. 32:705(B)(3) and (4) and 707(D)(1)(a) and (J)(1)(c)(introductory
9 paragraph) are hereby amended and reenacted and R.S. 32:705(B)(5) is hereby enacted to
10 read as follows:
11 §705. Delivery of certificate to purchaser of vehicle
12 * * *
13 B. For purposes of this Section, an "endorsement" means one of the
14 following:
15 * * *
16 (3) The signature of the seller if the certificate of title or other document
17 transferring ownership to an insurance company is for a motor vehicle which is
18 subject to an insurance settlement or has been declared a total loss by that insurance
19 company.
20 (4) The signature of the seller if the certificate of title or other document is
21 transferring ownership to a dealer licensed by the Louisiana Motor Vehicle
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1 Commission or Louisiana Used Motor Vehicle Commission, or when transferring
2 ownership from a licensed dealer to a purchaser.
3 (4) (5) The signature of the seller in the presence of an authorized officer, as
4 defined in R.S. 32:702(17)(2), who shall verify the identity of the seller and who
5 shall subscribe his name as a witness thereon, when the seller is transferring
6 ownership to a purchaser who is granting a security interest in the vehicle to the
7 federally insured financial institution that is making a secured loan to the purchaser.
8 * * *
9 §707. Application for certificates of title; exception; salvage title; antique vehicles;
10 reconstructed title
11 * * *
12 D.(1)
13 * * *
14 (a) A proper bill of sale, or sworn statement of ownership, or a duly certified
15 copy thereof, or such other evidence of ownership as the commissioner may in his
16 discretion require; or
17 * * *
18 J.(1)
19 * * *
20 (c) A sworn statement in the form prescribed by the Department of Public
21 Safety and Corrections, office of motor vehicles, which states that:
22 * * *
23 Section 2. R.S. 47:303(B)(2) is hereby amended and reenacted to read as follows:
24 §303. Collection
25 * * *
26 B.
27 * * *
28 (2) Every vendor of such a vehicle shall furnish to the purchaser at the time
29 of sale a notarized statement showing the serial number, motor number, type, year,
30 and model of the vehicle sold, the total sales price, any allowance for and a
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1 description of any vehicle taken in trade, and the total cash difference paid or to be
2 paid by the purchaser between the vehicles purchased and traded in and the sales or
3 use tax to be paid, along with such other information as the collector of revenue may
4 by regulation require. All labor parts, accessories, and other equipment which are
5 attached to the vehicle at the time of sale and which are included in the sale price are
6 to be considered a part of the vehicle.
7 * * *
8 Section 3. The provisions of this Act that amend R. S. 32:707(D)(1)(a) and
9 (J)(1)(c)(introductory paragraph) and R.S. 47:303(B)(2) shall be effective January 1, 2023.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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