BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each House thereof concurring therein):
Section 1. Amend §853, Title 11 of the Delaware Code by striking the
period (.) at the end of subsection (1), and substituting a semi-colon (;) in lieu thereof; by striking the word "or" at the end of subsection (2); and by striking the period at the end of subsection (3), and substituting "; or in lieu thereof.
Section 2. Amend §853, Chapter 5, Title 11 of the Delaware Code by adding thereto a new subsection, designated as subsection (4), which new subsection shall read as follows:
"(4) such person obtains possession or control over a vehicle, knowing of the existence of a creditor or creditors who are entitled to receive payments on a debt where such vehicle is the only security or represents the major portion of the creditor's security, and such person transfers or purports to transfer the vehicle and responsibility for making payments on such vehicle to a third party, whether or not such third party continues or resumes payment to the creditor or creditors."