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Committee approves transfer-on-death vehicle-title bill after insurance language removed
Summary
The Appropriations Committee passed Senate File 39, which creates a recorded beneficiary-designation form that transfers vehicle title at death. The committee removed insurance-related language after industry testimony and added clarifications on required documentation and recording.
The Appropriations Committee passed Senate File 39 with amendments that establish a recorded beneficiary-designation form to transfer motor vehicle titles at the death of the owner or last surviving owner.
Senator Olson, sponsor of the bill, described the measure as a process modeled in other states to allow individuals to designate a beneficiary for a vehicle title as an alternative to probate. The bill would create a statutory form (identified in committee discussion as a new statute, 30-1-2-104.1) that county clerks or the Department of Transportation would make available. The form must include vehicle identifiers, the phrase “transfer on death to,” notarization and recording in the…
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