Sec. 4.3. (a) The bureau shall collect an administrative penalty of ten dollars ($10) if:
(1) a purchaser or transferee of a salvage vehicle fails to apply for a certificate of salvage title or a transfer of title, by assignment, not later than forty-five (45) days after the salvage vehicle is purchased or otherwise acquired; or
(2) the owner of a salvage vehicle retains possession of the salvage vehicle and the owner fails to apply for a certificate of salvage title not later than forty-five (45) days after the settlement of loss with the insurance company.
The fee shall be deposited in the motor vehicle highway account.
(b) Except as provided in section 4.4 of this chapter, a person that violates this section commits a Class D infraction.
As added by P.L.198-2016, SEC.387.
Structure Indiana Code
Article 22. Abandoned, Salvaged, and Scrap Vehicles
Chapter 3. Salvage Motor Vehicles
9-22-3-1. Guidelines for Applicability of Chapter
9-22-3-2.5. "Flood Damaged Vehicle"
9-22-3-3. Certificate of Salvage Title Required; Violation
9-22-3-4.2. Self-Insured Entity; Certificate of Salvage Title; Fee
9-22-3-4.3. Delinquent Certificate of Salvage Title; Administrative Penalty
9-22-3-4.4. "Other Proof of Ownership"; Fraudulent Document or Affidavit; Violation
9-22-3-5. Certificate of Salvage Title; Contents
9-22-3-6. Certificate of Salvage Title; Assignment by Owner of Salvage Vehicle
9-22-3-10. Duplicate Certificate of Salvage Title; Fee
9-22-3-15. Rebuilt Salvage Motor Vehicles; Issuance of Certificate of Title; Inspection Fee
9-22-3-18. Vehicles Designated as Junk or Similar Designation
9-22-3-18.5. Rebuilt Vehicles; Sales, Exchange, Transfer; Violation
9-22-3-36. Civil Remedies for Violations; Actual Damages; Treble Damages; Costs and Attorney's Fees
9-22-3-37. Violations as Deceptive Acts; Action by Attorney General; Remedies and Penalties