Notaries not required for vehicle title transfer

Removed the requirement for affidavits to be notarized, allowing them to be signed before any officer authorized to administer oaths.

Changed the value threshold for requiring a bond from $1,000 to $1,000 for vehicles 30 years old or older, while keeping the $1,000 threshold for newer vehicles.

Added a new requirement for vehicles sold without a manufacturer's certificate of origin to include a bond equal to the full retail price.

Updated the value certification process for older or low-value vehicles to use a national appraisal guide or a notarized bill of sale.

Removed the requirement that the affidavit used for a lost title must be notarized.

Reorganized the conditions for requiring a bond, creating specific rules for older vehicles (30+ years or under $1,000) versus newer or more valuable vehicles.

Updated the bond amount requirement for vehicles sold without a manufacturer's certificate of origin to be based on the full retail price.

Clarified the return timeline for bonds, specifying they must be returned within 3 years of issuance or upon surrender of a valid title.

The bill title was changed from LC 0890 to HB 165.1, and the list of sponsors was added.

Minor formatting changes were made to the spacing and indentation within the legal text of Section 1.