00                             HOUSE BILL NO. 249                                                                          
01 "An Act relating to the transfer of a vehicle to an insurance company."                                                 
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 28.10 is amended by adding a new section to read:                                                  
04 Sec. 28.10.285. Transfer to insurance company. (a) When the owner of a                                                
05 registered vehicle transfers or assigns the owner's title or interest to an insurance                                   
06 company after payment of damages, the supporting documents used to transfer                                             
07 ownership need not be notarized and may be signed electronically and printed. In this                                   
08 subsection, "supporting document" includes a power of attorney, duplicate title, and                                    
09       odometer disclosure forms.                                                                                        
10            (b)  The insurance company shall indemnify and hold harmless the department                                  
11       for any claims resulting from issuing a title under this section.