Title Applications

Any lienholder with a federal Employer Identification Number (EIN) must electronically transmit the satisfaction and release and discharge of a lien on a motor vehicle to the Department no later than fourteen (14) days after the date of satisfaction of the lien. Any lienholder that knowingly and willfully fails comply with this section shall be subject to a penalty of up to two hundred fifty dollars ($250.00) per violation and shall be liable for any attorney’s fees, legal fees, and/or other fees and costs incurred in any action necessary to discharge and/or release a lien or otherwise affecting a lien for which the lienholder failed to transmit the required information.