49-528. CIRCUMSTANCES UNDER WHICH TRANSITIONAL OWNERSHIP DOCUMENT ACCEPTABLE AS EVIDENCE OF OWNERSHIP. A transitional ownership document is acceptable as evidence of ownership only if the primary ownership document:
(1) Is not in the possession of the selling dealer, new security interest holder or the agent of either at the time the transitional ownership document is submitted to the department; and
(2) To the best of the knowledge of the selling dealer, security interest holder or agent, will not be available for submission to the department within thirty (30) days of the date of sale or if no sale is involved, within the date of a security agreement or contract.
History:
[49-528, added 2000, ch. 320, sec. 1, p. 1079; am. 2007, ch. 66, sec. 4, p. 171.]
Structure Idaho Code
Section 49-501 - TITLING REQUIREMENTS — EXEMPTIONS.
Section 49-501A - APPLICATION TO VESSEL TITLING.
Section 49-504 - APPLICATIONS TO DEPARTMENT FOR CERTIFICATES — PROCEDURE — IDENTIFICATION NUMBERS.
Section 49-506 - DESTRUCTION OF RECORDS.
Section 49-509 - STOLEN VEHICLES — REPORTING BY OFFICERS.
Section 49-511 - CANCELLATION OR DISCHARGE OF LIEN OR ENCUMBRANCE.
Section 49-512 - SECURITY INTERESTS — METHOD OF GIVING CONSTRUCTIVE NOTICE EXCLUSIVE.
Section 49-512A - EFFECT OF A TERMINAL RENTAL ADJUSTMENT CLAUSE.
Section 49-513 - SALE OF ENCUMBERED VEHICLE — CONSENT OF LIENHOLDER — EFFECT.
Section 49-515 - LOST, MUTILATED OR ILLEGIBLE CERTIFICATES — DUPLICATE CERTIFICATES.
Section 49-516 - JUNKED OR CHANGED VEHICLES — CANCELLATION OF CERTIFICATE.
Section 49-517 - PRINTING AND FORM OF CERTIFICATES.
Section 49-523A - TITLE STOP WHEN OWNERSHIP OF VEHICLE DISPUTED.
Section 49-525 - SALVAGE-CERTIFIED VEHICLE — BRANDED CERTIFICATE OF TITLE.
Section 49-526 - RELEASE OF LIABILITY UPON SALE OF VEHICLE.
Section 49-527 - PURPOSE OF TRANSITIONAL OWNERSHIP DOCUMENT.
Section 49-530 - DISCRETIONARY REJECTION OR INVALIDATION OF DOCUMENT BY DEPARTMENT.