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A07435 Summary:

BILL NOA07435
 
SAME ASSAME AS S01612
 
SPONSORHawley
 
COSPNSRMcDonough, DeStefano, Brown K
 
MLTSPNSR
 
Amd §§2108 & 2113, V & T L
 
Relates to providing a space on a certificate of title for an owner to designate a beneficiary to whom the vehicle shall be transferred upon the death of the owner.
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A07435 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7435
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 27, 2025
                                       ___________
 
        Introduced by M. of A. HAWLEY -- read once and referred to the Committee
          on Transportation
 
        AN  ACT to amend the vehicle and traffic law, in relation to providing a
          space on a certificate of title for an owner to designate a  benefici-
          ary  to  whom  the  vehicle shall be transferred upon the death of the
          owner

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Subdivisions (c), (d) and (e) of section 2108 of the vehi-
     2  cle and traffic law, subdivisions (c) and (d) as added by  chapter  1134
     3  of  the  laws of 1971 and subdivision (e) as added by chapter 322 of the
     4  laws of 1993, are amended to read as follows:
     5    (c) The certificate of title shall  provide  space  for  an  owner  to
     6  designate  a beneficiary to whom a vehicle shall be transferred upon the
     7  death of the owner.
     8    (d) A certificate of title issued by the commissioner is  prima  facie
     9  evidence of the facts appearing on it.
    10    [(d)]  (e)  A  certificate  of  title  for a vehicle is not subject to
    11  garnishment, attachment, execution or other judicial process,  but  this
    12  [subsection]  subdivision  does not prevent a lawful levy upon the vehi-
    13  cle.
    14    [(e)] (f) Notwithstanding any other provision of law, a certificate of
    15  title to a vehicle which is a mobile home or a manufactured home  issued
    16  by  the  commissioner  is prima facie evidence of the facts appearing on
    17  it, notwithstanding the fact that such vehicle,  at  any  time,  in  any
    18  manner, shall have become attached to realty.
    19    §  2.  Subdivision (a) of section 2113 of the vehicle and traffic law,
    20  as added by chapter 1134 of the laws of 1971,  is  amended  to  read  as
    21  follows:
    22    (a)  If an owner transfers [his] the owner's interest in a vehicle, or
    23  prior to the owner's death  designates  a  beneficiary  as  provided  in
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03640-01-5

        A. 7435                             2
 
     1  subdivision  (c)  of  section  twenty-one hundred eight of this article,
     2  other than by the creation of a security interest, [he] the owner or the
     3  owner's representative shall, at the time of the delivery of  the  vehi-
     4  cle,  execute  an  assignment and warranty of title to the transferee or
     5  beneficiary in the space provided therefor on the certificate or as  the
     6  commissioner  prescribes, and cause the certificate and assignment to be
     7  mailed or delivered to the transferee or beneficiary.    The  assignment
     8  and warranty of title required by this section shall include a statement
     9  signed by the transferor stating [either,]: (i) any facts or information
    10  known  to [him] the transferor that could reasonably affect the validity
    11  of the title of the vehicle; [or,] (ii) that no such facts  or  informa-
    12  tion  are  known to [him] the transferor; or (iii) that there is no lien
    13  or other encumbrance on the vehicle known to the transferor.
    14    § 3. This act shall take effect on the first of January next  succeed-
    15  ing  the  date  upon  which it shall have become a law.  Effective imme-
    16  diately the addition, amendment and/or repeal of any rule or  regulation
    17  necessary  for  the implementation of this act on its effective date are
    18  authorized to be made and completed on or before such date.
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