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Business Tools | Monday June 3 U.S. Department of Justice Proposes Rule on Stolen Motor VehiclesThe U.S. Department of Justice issued a proposed rule on the National Stolen Passenger Motor Vehicle Information System regulations (NSPMVIS). Under the proposed rule, an insurance carrier selling comprehensive motor vehicle insurance coverage or a person engaged in the business of salvaging, dismantling, recycling or repairing passenger motor vehicles must verify the theft status of salvage and junk motor vehicles or major parts. Bob Redding, the Automotive Service Association's (ASA) Washington, D.C., representative, represented ASA on the Federal Advisory Committee for NSPMVIS that assisted in developing the rule. "ASA supports the National Stolen Passenger Motor Vehicle Information System proposed by the Department of Justice and will make formal comments to the department," Redding said. The rule outlines procedures by which a business or person intending to transfer a vehicle or a motor vehicle part may obtain information on whether the vehicle or part is listed in the system as stolen. In 1992, the U.S. Congress passed the Anti Car-Theft Act mandating the establishment of a national computer system to verify the theft status of salvage and junk motor vehicles and covered major parts. The proposed rule is a product of that act. ©2002 Collision Repair Industry INSIGHT | FEATURED INSIGHT Supports the NABC! |