Upon the transfer of ownership of a motor or off-highway vehicle by inheritance or by operation of law, as in proceedings in bankruptcy, insolvency, replevin, attachment, execution, or other judicial sale, or if the vehicle is sold to satisfy storage or repair charges or repossessed to satisfy a secured debt, the director or the authorized agent may issue, upon the surrender of any available certificate of title and presentation of such proof of ownership as the director may reasonably require or a court order, a new certificate of title on behalf of the new owner and dispose of the certificate as in other cases.
Source: L. 94: Entire title amended with relocations, p. 2455, § 1, effective January 1, 1995; entire section amended, p. 1041, § 21, effective July 1, 1995. L. 2000: Entire section amended, p. 1659, § 8, effective July 1, 2001. L. 2005: Entire section amended, p. 814, § 12, effective August 8. L. 2006: Entire section amended, p. 1513, § 77, effective June 1. L. 2013: Entire section amended, (SB 13-280), ch. 407, p. 2382, § 11, effective June 5.
Structure Colorado Code
Title 42 - Vehicles and Traffic
Article 6 - Certificates of Title - Used Motor Vehicle Sales
Part 1 - Certificates of Title
§ 42-6-104. Administration - Rules
§ 42-6-106. Certificates of Registration - Plates
§ 42-6-107. Certificates of Title - Contents - Rules
§ 42-6-109. Sale or Transfer of Vehicle - Program
§ 42-6-110. Certificate of Title - Transfer - Department Records - Rules - Definition
§ 42-6-111. Sale to Dealers - Certificate Need Not Issue
§ 42-6-113. New Vehicles - Bill of Sale - Certificate of Title - Rental Businesses - Rules
§ 42-6-114. Transfers by Bequest, Descent, or Law
§ 42-6-115. Furnishing Bond for Certificates
§ 42-6-116. Applications for Filing of Certificates of Title - Rules
§ 42-6-117. Filing of Certificate
§ 42-6-118. Amended Certificate
§ 42-6-119. Certificates for Vehicles Registered in Other States
§ 42-6-120. Security Interests Upon Vehicles
§ 42-6-121. Filing of Mortgage - Rules
§ 42-6-122. Disposition of Mortgages by Agent - Rules
§ 42-6-123. Disposition After Mortgaging
§ 42-6-124. Disposition of Certificates of Title
§ 42-6-125. Release of Mortgages - Rules
§ 42-6-126. New Certificate Upon Release of Mortgage
§ 42-6-127. Duration of Lien of Mortgage - Extensions - Rules
§ 42-6-128. Validity of Mortgage Between Parties
§ 42-6-129. Second or Other Junior Mortgages
§ 42-6-130. Priority of Secured Interests
§ 42-6-131. Mechanic's, Warehouse, and Other Liens
§ 42-6-133. Foreign Mortgages and Liens
§ 42-6-134. Where Application for Certificates of Title Made
§ 42-6-135. Lost Certificates of Title
§ 42-6-136. Surrender and Cancellation of Certificate - Penalty for Violation
§ 42-6-138. Disposition of Fees
§ 42-6-139. Registration and Title Application - Where Made
§ 42-6-140. Registration Upon Becoming Resident
§ 42-6-141. Director's Records to Be Public
§ 42-6-143. Altering or Using Altered Certificate
§ 42-6-145. Use of Vehicle Identification Numbers in Applications - Rules