New York S01612 amends the vehicle and traffic law to provide a space on the certificate of title for an owner to designate a beneficiary.
New York S01612 amends the vehicle and traffic law to include a space on the certificate of title for an owner to designate a beneficiary to whom the vehicle shall be transferred upon the owner's death. The bill modifies sections 2108 and 2113 to allow the owner to specify a beneficiary at the time of the vehicle's delivery. This change ensures that the vehicle can be transferred to the designated beneficiary without additional legal steps.
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