Louisiana 2022 Regular Session

Louisiana Senate Bill SB265 Latest Draft

Bill / Introduced Version

                            SLS 22RS-534	ORIGINAL
2022 Regular Session
SENATE BILL NO. 265
BY SENATOR WARD 
MOTOR VEHICLES.  Provides for the removal of notarization requirements on certain
insurance documents. (8/1/22)
1	AN ACT
2 To enact R.S. 32:707(B)(3), relative to transfer of ownership of a vehicle to an insurer; to
3 remove certain notarization requirements; and to provide for related matters.
4 Be it enacted by the Legislature of Louisiana:
5 Section 1.  R.S. 32:707(B)(3) is hereby enacted to read as follows:
6 ยง707. Application for certificates of title; exception; salvage title; antique vehicles;
7	reconstructed title
8	*          *          *
9	B.	*          *          *
10	(3) Notwithstanding any law to the contrary, a transfer of the ownership
11 of a vehicle to an insurer resulting from the settlement of a total loss claim shall
12 not require a notarized signature on the certificate of title. Supporting
13 documents needed or required for a transfer of the ownership of a vehicle to an
14 insurer resulting from the settlement of a total loss claim shall not require a
15 notarized signature if signed electronically at a National Institute of Standards
16 and Technology (NIST) Level 2 or higher authentication.
17	*          *          *
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 265
SLS 22RS-534	ORIGINAL
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Archana D. Cadge.
DIGEST
SB 265 Original 2022 Regular Session	Ward
Present law provides for requirements of certificates of title, salvage title, antique vehicles,
and reconstructed titles.
Proposed law retains present law and further provides a notarized signature shall not be
required for transfer of ownership of vehicles to an insurer as a result of total loss claim.
Proposed law further provides a notarized signature shall not be required for supporting
documents used to transfer ownership of a vehicle to an insurer resulting from the settlement
of a total loss claim if signed electronically at a National Institute of Standards (NIST) Level
2 or higher authentication.
Effective August 1, 2022.
(Adds R.S. 32:707(B)(3))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.