Bill Summary for S 343 (2021-2022)
|View NCGA Bill Details||2021|
AN ACT TO REVISE AND CLARIFY CERTAIN LAWS GOVERNING THE SALE OF MOTOR VEHICLES.Intro. by B. Jackson, Perry, Sawyer.
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Amends GS 20-7 to allow a temporary driving certificate to be valid for identification purposes when conducting business with a licensed motor vehicle dealer, and valid for purposes of motor vehicle registration pursuant to GS 20-52. Makes conforming changes to GS 20-52(a)(1a)b. to allow for an individual applying for vehicle registration to elect to provide the owner's valid temporary driving certificate for identification. Applies to motor vehicle registrations on or after October 1, 2021.
Makes the following changes to GS 20-75.1 regarding conditional delivery of motor vehicles. Adds the purchaser to those entities that the dealer must notify following approval of the purchaser's financing of a conditionally delivered vehicle and execution of the manufacturer's certificate of origin or the certificate of title. Adds a new provision making the purchaser solely responsible for obtaining and paying for insurance on the purchased vehicle, granting immunity to the dealer for the purchaser's failure to place insurance on the purchased vehicle.
Adds to GS 20-79, regarding dealer license plates, to require dealer license plates issued to a new motor vehicle dealer to bear a unique number for each licensed new motor vehicle dealer followed by a hyphen and the numbers "001" for the first plate issued to that dealer and thereafter numbered sequentially for the remainder of the plates issued to that dealer. Applies to dealer plates issued on or after October 1, 2021.