CODING: Words stricken are deletions; words underlined are additions.





                                                   HOUSE AMENDMENT

                                            Bill No. CS/CS/HB 1911

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Kyle offered the following:

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13         Amendment to Amendment (635611) (with title amendment) 

14         On page 29, between lines 7 and 8,

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16  insert:

17         Section 27.  Subsection (7) of section 320.27, Florida

18  Statutes, is amended to read:

19         320.27  Motor vehicle dealers.--

20         (7)  CERTIFICATE OF TITLE REQUIRED.--For each used

21  motor vehicle in the possession of a licensee and offered for

22  sale by him or her, the licensee either shall have in his or

23  her possession a duly assigned certificate of title from the

24  owner in accordance with the provisions of chapter 319, from

25  the time when the motor vehicle is delivered to the licensee

26  and offered for sale by him or her until it has been disposed

27  of by the licensee, or shall have reasonable indicia of

28  ownership or right of possession, or shall have made proper

29  application for a certificate of title or duplicate

30  certificate of title in accordance with the provisions of

31  chapter 319.  A motor vehicle dealer may not sell or offer for

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    File original & 9 copies    04/27/00
    hbd0005                     07:15 pm         01911-0073-751789




                                                   HOUSE AMENDMENT

                                            Bill No. CS/CS/HB 1911

    Amendment No.     (for drafter's use only)





 1  sale a vehicle in his or her possession unless the dealer

 2  satisfies the requirements of this subsection. Reasonable

 3  indicia of ownership shall include a duly assigned certificate

 4  of title; in the case of a new motor vehicle, a manufacturer's

 5  certificate of origin issued to or reassigned to the dealer; a

 6  consignment contract between the owner and the dealer along

 7  with a secure power of attorney from the owner to the dealer

 8  authorizing the dealer to apply for a duplicate certificate of

 9  title and assign the title on behalf of the owner; a court

10  order awarding title to the vehicle to the dealer; a salvage

11  certificate of title; a photocopy of a duly assigned

12  certificate of title being held by a financial institution as

13  collateral for a business loan of money to the dealer ("floor

14  plan"); a copy of a canceled check or other documentation

15  evidencing that an outstanding lien on a vehicle taken in

16  trade by a licensed dealer has been satisfied and that the

17  certificate of title will be, but has not yet been, received

18  by the dealer; a vehicle purchase order or installment

19  contract for a specific vehicle identifying that vehicle as a

20  trade-in on a replacement vehicle; or a duly executed odometer

21  disclosure statement as required by Title IV of the Motor

22  Vehicle Information and Cost Savings Act of 1972 (Pub. L. No.

23  92-513, as amended by Pub. L. No. 94-364 and Pub. L. No.

24  100-561) and by Part 580, Title 49, Code of Federal

25  Regulations, bearing the signatures of the titled owners of a

26  traded-in vehicle.

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29  ================ T I T L E   A M E N D M E N T ===============

30  And the title is amended as follows:

31         On page 42, line 14, of the amendment

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    File original & 9 copies    04/27/00
    hbd0005                     07:15 pm         01911-0073-751789




                                                   HOUSE AMENDMENT

                                            Bill No. CS/CS/HB 1911

    Amendment No.     (for drafter's use only)





 1  after the semicolon insert:

 2         amending s. 320.27, F.S.; revising language

 3         with respect to certificate of title to provide

 4         additional indicia of ownership;

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    File original & 9 copies    04/27/00
    hbd0005                     07:15 pm         01911-0073-751789