Affidavit regarding flood damage to vehicle
Sec. 7.5. (a) A dealer licensed as a dealer under IC 9-23 on the
date of receiving a title by sale or transfer shall secure an affidavit
from the person who holds the certificate of title. The affidavit must
state whether the vehicle is a flood damaged vehicle.
(b) The dealer shall file the affidavit secured under subsection (a)
with the bureau upon receiving the affidavit and shall retain a copy
of the affidavit with the records of the dealer.
(c) The bureau shall retain an affidavit regarding flood damage to
the vehicle submitted to the bureau by a dealer under this section.
(d) Submission of a fraudulent affidavit under subsection (a) will
subject the affiant to civil liability for all damages incurred by a
dealer subsequent purchaser or transferee of the title, including
reasonable attorney's fees and court costs.
As added by P.L.258-1999, SEC.2.
Last modified: May 27, 2006