N.Y. Comp. Codes R. & Regs. tit. 15 § 20.1
Article 46 of the Vehicle and Traffic Law provides for the issuance of certificates of title for certain vehicles, which certificates will constitute the ownership document for such vehicles. The registration certificate which will be issued for such titled vehicles shall only be evidence of the right to operate such vehicle upon the public highways. The intent of article 46 is to provide for the issuance of titles and the recording of liens thereon on vehicles which are classified as 1973 or later model year vehicles, while retaining the system under which the registration certificate served as proof of ownership, and liens are recorded under the Uniform Commercial Code on vehicles which are classified as 1972 or older model year vehicles. The commissioner is empowered to promulgate regulations and to specify forms to implement the provisions of that article. The following regulations are intended to supplement the provision of article 46.
N.Y. Comp. Codes R. & Regs. Tit. 15 § 20.1