Updates Michigan vehicle title and registration laws to include electronic transfer of title and interest.

This bill amends Michigan's vehicle title and registration laws to include provisions for electronic transfer of title and interest. It updates sections 233, 234, 239, and 240 of the 1949 PA 300. The changes include allowing a secured receipt to be submitted in lieu of a title for ownership transfer, and clarifying procedures for transferring titles and registration plates, including electronic titles. The bill also addresses penalties for violations related to vehicle title transfers and registration.

Updates Michigan vehicle title and registration laws to include electronic transfer of title and interest.

This bill amends Michigan's vehicle title and registration laws to include provisions for electronic transfer of title and interest. It updates sections 233, 234, 239, and 240 of the 1949 PA 300. The changes include allowing a secured receipt to be submitted in lieu of a title for ownership transfer, and clarifying procedures for transferring titles and registration plates, including electronic titles. The bill also addresses penalties for violations related to vehicle title transfers and registration.