1st Sub.
S.B.
260
AUTOMOBILE SALVAGE AMENDMENTS
Senate Floor
Amendments
Amendment 1 March 5, 2012 1:51 PM
Senator Stephen H. Urquhart proposes the following amendments:
1. Page 1, Lines 14 through 17 :
14 . provides that a motor vehicle may not be offered, auctioned, sold, leased,
15 transferred, or exchanged by an owner, that is not a manufacturer, dealer,
{
or
}
motor
16 vehicle auction,
or consignor to a motor vehicle auction
with the knowledge that it is a salvage vehicle
without prior written
17 disclosure being given to any prospective purchaser;
2. Page 2, Lines 42 through 45 :
42 . provides that, if applicable, an operator of a motor vehicle auction shall comply
43 with the reporting requirements of the National
Motor
Vehicle Title Information System
44 overseen by the United States Department of Justice if the person sells a vehicle
45 with a salvage certificate to certain in-state purchasers;
3. Page 2, Line 51 :
51
{
None
}
This bill takes effect on October 1, 2012.
4. Page 5, Lines 120 through 123 :
120 (1) A motor vehicle may not be offered, auctioned, sold, leased, transferred, or
121 exchanged by an owner, that is not a manufacturer, dealer
{
or
}
,
motor vehicle auction,
or
consignor to a motor vehicle auction
with the
122 knowledge that it is a salvage vehicle without prior written disclosure being given to any
123 prospective purchaser.
5. Page 5, Lines 124 through 125 :
124 (2)
{
The
}
For a disclosure required by Subsection (1), the
following disclosure language
shall be contained in each contract for sale or
125 lease of a salvage vehicle to a
{
consumer
}
purchaser
or shall be contained in a form affixed to a
contract,
6. Page 10, Lines 293 through 294 :
293 (i) provide the record described in Subsection (4)(a) electronically
in a method approved by the
division to the division
294 within two business days of the completion of the motor vehicle auction;
7. Page 10, Lines 299 through 302 :
299 (5) If applicable, an operator of a motor vehicle auction shall comply with the reporting
300 requirements of the National
Motor
Vehicle Title Information System overseen by the United States
301 Department of Justice if the person sells a vehicle with a salvage certificate to an in-state
302 purchaser under Subsection (3)(c)(ii).
8. Page 15, Line 451 :
451 (5) A civil action may be maintained by a purchaser or by the administrator.
Section 8. Effective date.
This bill takes effect on October 1, 2012.
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