Colo. Rev. Stat. § 42-6-148

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 42-6-148 - Off-highway vehicles - sales
(1)
(a) Unless the owner has obtained a certificate of title for an off-highway vehicle under this article, a person shall not sell the off-highway vehicle and a vehicle dealer shall not purchase the off-highway vehicle; except that the dealer may purchase an off-highway vehicle without a certificate of title if the vehicle has never been titled and was originally purchased in:
(I) Colorado before July 1, 2014; or
(II) A foreign jurisdiction that does not or did not issue certificates of title to off-highway vehicles when purchased.
(b) If an off-highway vehicle dealer purchases an off-highway vehicle without a certificate of title, the dealer shall before finalizing the purchase require the seller to sign an affidavit that:
(I) Is made under penalty of perjury;
(II) States whether the vehicle is subject to a lien interest, and if there is a lienholder, the name of the lienholder;
(III) States that the seller owns the off-highway vehicle;
(IV) Indicates how long the seller has owned the off-highway vehicle; and
(V) Contains a warning to the seller that falsifying the affidavit is perjury because the affidavit is submitted to a public official.
(c) Upon being contacted by a powersports vehicle dealer, a law enforcement agency shall check the Colorado crime information center computer system to ascertain if the off-highway vehicle has been reported stolen. If the off-highway vehicle has been stolen, the agency shall recover and secure the vehicle and notify its rightful owner. Upon the release of the off-highway vehicle to the owner or lienholder, the agency shall adjust or delete the entry in the Colorado crime information center computer system.
(d) To obtain a title for an off-highway vehicle that an off-highway vehicle dealer purchased without a certificate of title, the dealer must present to the department an affidavit as described in paragraph (b) of this subsection (1), signed by the seller from whom the off-highway vehicle dealer acquired the off-highway vehicle.
(e) A sale or purchase made in violation of this subsection (1) is void.
(2) A current off-highway vehicle registration issued under article 14.5 of title 33, C.R.S., is sufficient evidence of ownership to issue a certificate of title under this part 1 if the off-highway vehicle was first purchased in Colorado before July 1, 2014, and has been registered for at least one year.
(3) Until an off-highway vehicle is issued a certificate of title, the attachment, recording, perfection, priority, renewal, extension, modification, releasing, termination, foreclosure, and any other aspect of a security interest in an off-highway vehicle is governed by the "Uniform Commercial Code", title 4, C.R.S.

C.R.S. § 42-6-148

Amended by 2016 Ch. 69,§ 2, eff. 8/10/2016.
Added by 2013 Ch. 407,§ 39, eff. 6/5/2013 and applicable to acts committed on or after 7/1/2014.
L. 2013: Entire section added, (SB 13-280), ch. 407, p. 2396, § 39, effective June 5. L. 2016: (1) and (2) amended, (SB 16-010), ch. 69, p. 175, § 2, effective August 10.