Version a
Delinquent titles; collection of fee; vehicles titled by dealer for
purpose of putting vehicle in rental, leasing, or demonstration
service; vehicles titled by dealer for purpose of selling vehicle
Note: This version of section effective until 1-1-2006. See also
following version of this section, effective 1-1-2006.
Sec. 4. (a) The fee for a delinquent title is ten dollars ($10).
Except as provided in subsections (b) and (c), the bureau shall collect
this fee when a purchaser or transferee fails to apply for an original
certificate of title or a transfer of title, by assignment, within
thirty-one (31) days after the vehicle is purchased or otherwise
acquired. This fee is in addition to all other fees imposed for the
issuance of a certificate of title.
(b) A dealer who titles a vehicle in the dealership's name for
purposes of putting the vehicle in rental, leasing, or demonstrating
service is not required to pay a delinquent title fee under this section,
but shall pay the following for each title:
(1) The title fee under section 3 of this chapter.
(2) A service charge under IC 9-29-3.
(c) A dealer who titles a vehicle in the dealership's name for the
purpose of selling the vehicle shall pay the following:
(1) The title fee under section 3 of this chapter.
(2) A service charge under IC 9-29-3.
As added by P.L.2-1991, SEC.17.
Last modified: May 27, 2006