Hawaii HB532 amends vehicle title transfer procedures, including timelines and penalties for non-compliance.

Hawaii HB532 modifies the process for transferring vehicle titles by adjusting timelines and penalties. It shortens the period for transferees to forward endorsed certificates of ownership to the director of finance from thirty to fourteen days, or sixty days if the lien holder lacks a state office. The bill also introduces a $50 fee for new certificates of ownership and imposes penalties for false or fraudulent transfer notices. Transferors are relieved from liability if they deliver the vehicle to the transferee and submit an attestation within the specified timeframe.

Hawaii HB532 amends vehicle title transfer procedures, including timelines and penalties for non-compliance.

Hawaii HB532 modifies the process for transferring vehicle titles by adjusting timelines and penalties. It shortens the period for transferees to forward endorsed certificates of ownership to the director of finance from thirty to fourteen days, or sixty days if the lien holder lacks a state office. The bill also introduces a $50 fee for new certificates of ownership and imposes penalties for false or fraudulent transfer notices. Transferors are relieved from liability if they deliver the vehicle to the transferee and submit an attestation within the specified timeframe.