Lienholder; repossession of vehicle; application for certificate of
title; procedure
Sec. 2. A person who holds a lien on a motor vehicle, semitrailer,
or recreational vehicle who has repossessed the motor vehicle,
semitrailer, or recreational vehicle and wants to obtain a certificate
of title for the motor vehicle, semitrailer, or recreational vehicle in
the person's name may obtain the certificate of title from the bureau
if:
(1) the person from whom the motor vehicle, semitrailer, or
recreational vehicle has been repossessed is shown by the
records of the bureau to be the last registered owner of the
motor vehicle, semitrailer, or recreational vehicle; and
(2) the person who holds the lien establishes to the satisfaction
of the bureau that the person is entitled to the certificate of title.
As added by P.L.2-1991, SEC.5.
Last modified: May 27, 2006