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105:1 Certificates of Title; Joint Tenancy with Rights of Survivorship. Amend RSA 261:17, III to read as follows:
III. Individuals who are joint owners may provide for survivorship. If their joint ownership is held by using "and" between their names, they may obtain title as joint tenants with rights of survivorship by designating this preference on their title application. If their joint ownership is held by using "or" between their names, no other designation is required. Upon the death of one of the owners, the surviving owner may transfer the vehicle pursuant to RSA 261:14 without obtaining a new title. The signature of the surviving owner on the record and a copy of the death record shall be deemed valid and sufficient for the proper transfer of the motor vehicle. One of the joint owners may be a nonresident, who shall be exempt from the requirements of RSA 261:71 for the purposes of this section only.
105:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: July 03, 2024
Effective Date: September 01, 2024
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105:1 Certificates of Title; Joint Tenancy with Rights of Survivorship. Amend RSA 261:17, III to read as follows:
III. Individuals who are joint owners may provide for survivorship. If their joint ownership is held by using "and" between their names, they may obtain title as joint tenants with rights of survivorship by designating this preference on their title application. If their joint ownership is held by using "or" between their names, no other designation is required. Upon the death of one of the owners, the surviving owner may transfer the vehicle pursuant to RSA 261:14 without obtaining a new title. The surviving owner may continue to register the vehicle without obtaining a new title. The surviving owner's birth month shall determine the month for registration renewal, which shall be accomplished pursuant to RSA 261:62. The signature of the surviving owner on the record and a copy of the death record shall be deemed valid and sufficient for the proper transfer of the motor vehicle. One of the joint owners may be a nonresident, who shall be exempt from the requirements of RSA 261:71 for the purposes of this section only.
105:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: July 03, 2024
Effective Date: September 01, 2024