§ 31-3.1-13. Transfer to or from dealer — Records.
(a) If a dealer buys a vehicle and holds it for resale and procures the certificate of title from the owner or the lienholder within ten (10) days after delivery to him of the vehicle, the dealer need not send the certificate to the division of motor vehicles. However, upon transferring the vehicle to another person other than by the creation of a security interest, the dealer shall promptly execute the assignment and warranty of title by a dealer, showing the names and addresses of the transferee and of any lienholder holding a security interest created or reserved at the time of the resale and the date of the security agreement, in the spaces provided for it on the certificate or as the division of motor vehicles prescribes, and mail or deliver the certificate to the division of motor vehicles with the transferee’s application for a new certificate.
(b) Every dealer shall maintain for five (5) years a record in the form the division of motor vehicles prescribes of every vehicle bought, sold, or exchanged by the dealer, or received by the dealer for sale or exchange, which shall be open to inspection by a representative of the division of motor vehicles or peace officer during reasonable business hours.
History of Section.P.L. 1971, ch. 100, § 1.
Structure Rhode Island General Laws
Title 31 - Motor and Other Vehicles
Chapter 31-3.1 - Certificates of Title and Security Interests
Section 31-3.1-1. - Certificate of title required.
Section 31-3.1-2. - Exclusions.
Section 31-3.1-3. - Optional certificate of title.
Section 31-3.1-4. - Application for first certificate of title.
Section 31-3.1-5. - Examination of records.
Section 31-3.1-6. - Issuance and records.
Section 31-3.1-7. - Contents and effect of certificate.
Section 31-3.1-9. - Registration without certificate of title — Bond.
Section 31-3.1-10. - Refusing certificate of title.
Section 31-3.1-11. - Lost, stolen or mutilated certificates.
Section 31-3.1-12. - Transfer.
Section 31-3.1-13. - Transfer to or from dealer — Records.
Section 31-3.1-14. - Transfer by operation of law.
Section 31-3.1-15. - Fees — Registration cards.
Section 31-3.1-16. - Issuance of new certificate.
Section 31-3.1-16.1. - Electronic recording of security interests.
Section 31-3.1-17. - Scrapping, dismantling or destroying vehicle.
Section 31-3.1-18. - Excepted liens and security interests.
Section 31-3.1-19. - Perfection of security interests.
Section 31-3.1-20. - Security interest — Change of certificate.
Section 31-3.1-21. - Assignment by lienholder.
Section 31-3.1-22. - Release of security interest.
Section 31-3.1-23. - Duty of lienholder.
Section 31-3.1-24. - Exclusiveness of procedure.
Section 31-3.1-25. - Suspension or revocation of certificates.
Section 31-3.1-26. - Powers of division of motor vehicles.
Section 31-3.1-27. - Vehicle leases that are not sales or security interests.
Section 31-3.1-28 - — 31-3.1-35. [Obsolete.]
Section 31-3.1-36. - Court review.