Classification of vehicles
Sec. 4. After determining the value of a vehicle, as prescribed in
section 3 of this chapter, the bureau shall classify every vehicle in its
proper class according to the following classification plan:
Class I less than $ 1,500
Class II at least $ 1,500 but less than $ 2,250
Class III at least $ 2,250 but less than $ 3,000
Class IV at least $ 3,000 but less than $ 4,000
Class V at least $ 4,000 but less than $ 5,500
Class VI at least $ 5,500 but less than $ 7,000
Class VII at least $ 7,000 but less than $ 8,500
Class VIII at least $ 8,500 but less than $10,000
Class IX at least $10,000 but less than $12,500
Class X at least $12,500 but less than $15,000
Class XI at least $15,000 but less than $18,000
Class XII at least $18,000 but less than $22,000
Class XIII at least $22,000 but less than $25,000
Class XIV at least $25,000 but less than $30,000
Class XV at least $30,000 but less than $35,000
Class XVI at least $35,000 but less than $42,500
Class XVII $42,500 and over
(Formerly: Acts 1969, c.423, s.4; Acts 1973, P.L.54, SEC.2.) As
amended by Acts 1982, P.L.60, SEC.1; P.L.91-1983, SEC.1.
Last modified: May 28, 2006