Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Florida issues instructions for new ELT Program
TALLAHASSEE, Fla. (8/13/12)--All individuals and businesses that finance vehicles to be titled in Florida must be electronically connected by Jan. 1 to Florida's Department of Highway Safety and Motor Vehicles (DHSMV) to perfect their liens and receive titles electronically through the state's Electronic Lien and Title (ELT) program.

Florida House Bill 1223, passed during the 2012 legislative session, requires lienholders to electronically transmit liens and lien satisfactions to the department. The law requires mandatory participation by lenders, with the exception of individual lienholders and businesses that are not normally involved in financing vehicles. Credit unions are included.

Lenders must contract with a Florida DHMSV-approved service provider to make the ELT connection with DHMSV.

The list of providers includes:

  • American Security Insurance Co., Duluth, Ga.;
  • Auto Data Direct Inc., Tallahassee, Fla.;
  • Decision Dynamics Inc., Lexington, S.C.;
  • FDI, Sacramento, Calif.;
  • PDP Group Inc., Hunt Valley, Md.;
  • VinTek, Philadelphia;
  • Title Technologies Inc., Dallas (pending approval); and
  • Florida ELT, Miami Springs, Fla. (pending approval).
Last week it was announced that VINtek would provide ELT services in Wisconsin. To see the News Now story, use the link.


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
12 24 ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago