<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 11.15.38.03" title_num="11" subtitle_num="15" chapter_num="38" heading="Requirement for an Electronic Lien Release.">
  <paragraph num="A.">
    <text>Effective January 1, 2021, all motor vehicle lienholders shall file electronically with the Administration:</text>
    <paragraph num="(1)">
      <text>Each of its liens; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>When a lien is paid in full, the lien release within 5 business days after receiving full payment.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>To file electronically with the Administration, a motor vehicle lienholder shall:</text>
    <paragraph num="(1)">
      <text>Have an agreement with a vendor approved by the Administration; or</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Have an agreement with the Administration to submit the information directly to the Administration through the Administration interface.</text>
    </paragraph>
  </paragraph>
</regulation>