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§ 13-503. Transfer of title and interest between licensed dealers

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 13. Vehicle Laws--Certificates of Title and Registration of Vehicles (Refs & Annos)
Subtitle 5. Transfer of Registration (Refs & Annos)
MD Code, Transportation, § 13-503
§ 13-503. Transfer of title and interest between licensed dealers
Currentness
Transferee a licensed dealer holding vehicle for sale
(a) If the transferee of a vehicle is a licensed dealer who holds the vehicle for sale, the transferee need not obtain a new registration of the vehicle if he:
(1) Lawfully drives it under a dealer's registration plate; or
(2) Does not drive the vehicle or permit it to be driven on the highways.
Permit to use current registration plates
(b) If a licensed dealer transfers a vehicle to a person who possesses current registration plates issued to another registered vehicle, and if these registration plates are transferable, the dealer shall issue to the transferee a permit that authorizes the transferee to use these current registration plates on the transferred vehicle for a period of not more than 60 days from the date of the transfer.
Only one permit to use current registration plates allowed
(c) The dealer may not issue more than one of the permits described under subsection (b) of this section for any vehicle.
Form and method of issuing permit
(d) The permit described under subsection (b) of this section shall be issued by the dealer on the form and in the manner that the Administration requires.
Possession and display of permit to use current registration plates
(e) The permit described under subsection (b) of this section shall be signed by the dealer and carried and displayed the same as registration cards are required to be carried and displayed under Subtitle 4 of this title.

Credits

Added by Acts 1977, c. 14, § 2, eff. July 1, 1977. Amended by Acts 1984, c. 255; Acts 1986, c. 472, § 1; Acts 1987, c. 496; Acts 2003, c. 284, § 1, eff. Oct. 1, 2003.
Formerly Art. 66 ½, § 3-503.
MD Code, Transportation, § 13-503, MD TRANS § 13-503
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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