Section 54 Electronic Title 2

Section 24 of said chapter 90D, as so appearing, is hereby amended by adding the following paragraph:-
         
          Notwithstanding subsection (a) of section 16, the registrar shall promulgate rules and regulations to establish an electronic process whereby a vehicle may be sold at retail, reassigned between dealers, or any other method of ownership transfer or sale approved by the registrar. The conveyor of the vehicle shall maintain, invalidate, or surrender the existing paper certificate of title, if applicable, upon completion of the transaction and update of the electronic certificate of title for a vehicle that is retailed, reassigned or transferred under this paragraph, in a form or format prescribed by the registrar.

This section, together with related sections, establishes a process for electronic signature of titles and the transfer of electronic titles.