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§31-3.1-16.1  Electronic recording of security interests. –

Published: 2015

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Motor and Other vehicles

CHAPTER 31-3.1

Certificates of Title and Security Interests

SECTION 31-3.1-16.1

   § 31-3.1-16.1  Electronic recording of

security interests. –

The registrar is authorized to develop, establish and maintain an electronic

data and communications system with banks, credit or other financial

institutions for the purpose of electronically recording the existence of

security interests under the provisions of this chapter. Where an electronic

lien recording method is employed, the registrar may waive the issuance and

mailing of the certificate of title to the lienholder.

History of Section.

(P.L. 2006, ch. 639, § 1.)