Page:United States Statutes at Large Volume 106 Part 4.djvu/661

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PUBLIC LAW 102-519—OCT. 25, 1992 106 STAT. 3397 SEC. 306. VERIFICATION. (a) IN GENERAL. —Title VI of the Motor Vehicle Information and Cost Savings Act is amended by redesignating sections 607 through 614 as sections 610 through 617, respectively, by striking in section 602(e) "and 612" and inserting "and 615", and by inserting after section 606 the following: "VERIFICATION OF VEHICLE AS LEGAL SALVAGE OR JUNK VEHICLE 15 USC 2027-2034. 15 USC 2022. 15 USC 2026a. "SEC. 607. (a) Any person engaged in business as an insurance carrier to sell comprehensive insurance coverage for motor vehicles shall, if such carrier obtains possession of and transfers a junk motor vehicle or a salvage motor vehicle— "(1) verify, in accordance with procedures established by rule under section 609 by the Attorney General and in consultation with the Secretary of Transportation, whether that motor vehicle is reported as stolen, and "(2) provide verification to whomever such carrier transfers or sells any such salvage or junk motor vehicle identifying the vehicle identification numbier or derivative thereof of such vehicle and verifying that such vehicle has not been reported as stolen or, if reported as stolen, that such insurance carrier has recovered the vehicle and has proper legal title to the vehicle. For purposes of paragraph (2), the term Vehicle identification number* means a umque identification number assigned to a passenger motor vehicle by a manufacturer in compliance with applicable regulations or a derivative thereof. Nothing in this pcuragraph shall be construed to prohibit such carrier from transferring a motor vehicle if, within a reasonable period of time during normal business operations (as determined by the Attorney General under section 609 of this title) using reasonable efibrts, such carrier has not received a determination under section 609 that the vehicle has not been reported as stolen or to otherwise determine whether such vehicle has been reported as stolen, except that such carrier shall provide a written certification of such lack of determination. "(b) The Attorney G<ineral, in consultation with the Secretary, Regulations. shall promulgate such regulations as are needed to ensure that verification performed and provided by insurance carriers under subsection (a)(2) is uniform, effective, and resistant to fraudulent use.". (b) EFFECTIVE DATE.— The regulations required by section 607(b) of the Motor Vehicle Information and Cost Savings Act shall be promulgated within 6 months after the date of the enactment of this subsection. The amendment made by subsection (a) shall take effect within 3 months after such regulations are promulgated, but not before the system in section 609 of the Motor Vehicle Information and Cost Savings Act is operational. (c) PARTS. —Title VI of such Act, as amended by subsection (a), is amended by inserting after section 607 the following new section: 15 USC 2026a note. "PARTS "SEC. 608. (a) No person engaged in the business of salvaging, dismantUng, recycling, or repairing passenger motor vehicles shall knoMongly sell or distribute in commerce or transfer or install a nuyor part marked with an identification number without— 15 USC 2026b.