MD MVA Form VR-466 - Application for Lien Code Assignment and/or Enrollment/Change in Electronic Lien System
Form VR-466 - Application for Lien Code Assignment and/or Enrollment/Change in Electronic Lien System is used to request a lien code assignment or make changes in the Electronic Lien System (ELS).
This form is essential for individuals or entities who wish to establish lien codes or update their information in the Electronic Lien System. The purpose is to ensure proper record-keeping of liens on vehicles and streamline the lien process. An example scenario is when a financial institution wants to register or update lien codes for vehicles it has a financial interest in.
The parties involved include lienholders, financial institutions, and the Maryland Motor Vehicle Administration. The form typically includes sections for applicant information, lien code assignment or changes, and ELS enrollment details. Accurate completion is vital to maintain accurate lien records.