|
| | | Resolve, Concerning the Titling of Mobile Homes, Boats, |
|
| | | All-terrain Vehicles, Snowmobiles and Other Property |
|
| | | Sec. 1. Secretary of State; study and report on titling certain types of property. | | Resolved: That the Secretary of State shall study the issue of | | requiring titles for mobile homes, boats, all-terrain vehicles, | | snowmobiles and other similar types of property not currently | | titled in this State. The study must include a review of the | | filing requirements for secured transactions under the Uniform | | Commercial Code as they apply to these types of personal property | | and a review of the laws and procedures of other states that | | title these types of personal property. The Secretary of State | | shall make a recommendation concerning which types of property, | | if any, should be titled and the best process for establishing | | such a titling system. |
|
| | | 1. Interested parties. The Secretary of State shall invite | | persons representing the following to participate in the study: | | financial institutions, credit unions and other lenders; title | | attorneys; snowmobile, boat and ATV retailers and associations; | | the manufactured housing industry; and any other interests | | appropriately included in the study. |
|
| | | 2. Report; legislation. The Secretary of State shall report to | | the Joint Standing Committee on Judiciary before January 15, 2004 on | | whether any of the types of property under subsection 1 should be titled | | and the process for providing titles. Following receipt and review of | | the report, the committee may report out legislation to the Second | | Regular Session of the 121st Legislature. |
|
|
