Section 140 IAC 6-1-14 - Dealer's title; assignment and reassignmentAuthority: IC 9-14-8-3
Affected: IC 9-17; IC 9-32
Sec. 14.
(a) As used in this section, "dealer" means a dealer licensed under IC 9-32.(b) A dealer may reassign a certificate of title without first applying for the title. If the dealer reassigns the vehicle to another dealer, then that dealer may also reassign the title by using the applicable bureau designated form.(c) A dealer may reassign an out-of-state title on a bureau designated form.(d) A total of three (3) dealer reassignments may occur. After three (3) reassignments, the last named purchaser must apply for a certificate of title.(e) In making an assignment or reassignment, the dealer must place its dealer number on the certificate of title and applicable form.(f) The person who signs the certificate of title and applicable form on the dealer's behalf must place information about the person's position with the dealer on the title or form next to the person's signature.Bureau of Motor Vehicles; ( 9-1-2-3 )-2; filed Feb 13, 1978, 10:31 a.m.: Rules and Regs. 1979, p. 141; readopted filed Jul 30, 2001, 10:29 a.m.: 24 IR 4230; readopted filed Nov 14, 2007, 1:31 p.m.: 20071212-IR-140070562RFA; filed Oct 7, 2008, 10:23 a.m.: 20081105-IR-140080215FRAReadopted filed 11/3/2014, 1:43 p.m.: 20141203-IR-140140375RFAFiled 10/5/2017, 9:34 a.m.: 20171101-IR-140160492FRAThe readopted version of this section by 6/28/2023, 2:55 p.m.: 20230726-IR-140230399RFA is not yet available.