35 Miss. Code. R. 7-06-12-100
Current through October 31, 2024
Motor Vehicles that are loaned by dealers to schools for use in Driver Training Programs are considered as owned by the dealer and as being used for demonstration or testing and, as such, are exempt from being titled under Section 5 of the Title Law. Under such circumstances, and if "new" at time of loan, such vehicle shall retain "new vehicle" status upon return to dealer.
35 Miss. Code. R. 7-06-12-100