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S01612 Summary:

BILL NOS01612
 
SAME ASSAME AS A07435
 
SPONSORBORRELLO
 
COSPNSROBERACKER
 
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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S01612 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1612
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 13, 2025
                                       ___________
 
        Introduced  by Sen. BORRELLO -- read twice and ordered printed, and when
          printed to be committed 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

        S. 1612                             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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