(a) As used in this section "electronic lien and title system" means a statewide electronic lien and title system implemented by the department to process through electronic means: (i) Certificates of title for vehicles including new, transferred and corrected certificates of title; (ii) Certificate of title data in which a lien is notated; (iii) The notification, maintenance, perfection and release of security interests in vehicles; and (iv) Payment of sales or use tax pursuant to W.S. 39- 15-107(b). (b) The department shall implement and administer an electronic lien and title system as provided in this section. (c) The department may contract with one (1) or more vendors to develop, implement and provide ongoing administration of the electronic lien and title system required under subsection (b) of this section. The vendors may charge a transaction fee for each transaction provided through the electronic lien and title system to recover the vendor's costs associated with the development, implementation and ongoing administration of the electronic lien and title system. No vendor shall charge any fees under this subsection to the state or counties. (d) Except for persons who are not normally engaged in the business or practice of financing vehicles, all dealers, lenders, lienholders, insurance companies and secured parties shall use the electronic lien and title system required under subsection (b) of this section. All counties shall use the electronic lien and title system required under subsection (b) of this section. Each person not normally engaged in the business or practice of financing vehicles including owners may use the electronic lien and title system or request a paper certificate of title at the office of a county clerk. (e) This section shall not apply to certificates of title for mobile homes as defined in W.S. 31-2-501(a)(ii).
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