Requires secured party to deliver motor vehicle certificate of ownership by certified mail.

This bill requires lenders, sellers, or other secured parties to deliver a vehicle title (certificate of ownership) to the buyer via certified mail with return receipt after a loan or security agreement is paid off. It mandates that the secured party must send the title within 15 days of the obligation being satisfied and file proof of this with the state motor vehicle authority. The law aims to ensure secure, trackable delivery of vehicle titles - the official proof of ownership - to prevent loss or delay in the transfer process. This applies to all parties holding a title until a debt is fully satisfied.