Sec. 14-175. Presentation or mailing of certificate. Maintenance of electronic title file for recording of security interest. - Connecticut Statutes

      Sec. 14-175. Presentation or mailing of certificate. Maintenance of electronic title file for recording of security interest. (a) Except as provided in subsection (b) of this section, the certificate of title shall be presented or mailed to the first lienholder named in it or, if none, to the owner.

      (b) The commissioner may maintain an electronic title file for the recording and storage of the evidence of any lienholder's security interest. When the first lienholder's security interest is satisfied and released, the commissioner shall present or mail the certificate of title to the owner, unless another security interest has been recorded by the commissioner.

      (1957, P.A. 607, S. 11; P.A. 94-189, S. 28, 34; P.A. 02-70, S. 6.)

      History: P.A. 94-189 amended section by providing that the certificate could be "presented" as well as mailed, effective July 1, 1994; P.A. 02-70 designated existing provision as Subsec. (a), adding an exception therein, and added Subsec. (b) authorizing commissioner to maintain an electronic title file for recording and storage of evidence of any lienholder's security interest and requiring commissioner to present or mail title certificate to owner when first lienholder's security interest is satisfied and released, effective July 1, 2002.

      Bank not guilty of laches in failing to note it did not receive the certificate of title where the dealer failed to note upon the application for the certificate that the car was subject to bank's lien under an installment contract assigned by the dealer to the bank. 5 Conn. Cir. Ct. 491.