SB2858 - Tennessee - Motor Vehicles, Titling And Registration, Safety, Dept. Of

Companion Bill HB3650. Motor Vehicles, Titling and Registration - Includes as a dealer any scrap metal processor purchasing motor vehicles for purposes of dismantling and/or scraps and mandates all dealers to require sellers of such vehicles to show proof of ownership. - Amends TCA Title 55, Chapter 3, Part 2. Fiscal Summary for *SB2858 / HB3650Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenue - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB2858 / HB3650 Present law requires every dealer, including any person or junk dealer, who purchases motor vehicles for dismantling to maintain for three years a record of every vehicle bought or sold, dismantled, or exchanged or received, for sale, exchange, or dismantling. A dealer is required [...]

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