La. Admin. Code tit. 55 § III-398

Current through Register Vol. 50, No. 9, September 20, 2024

Section III-398 - Odometer Disclosure

A. The Federal Truth in Mileage Act requires the seller of a motor vehicle to provide an odometer disclosure to the buyer at the time of sale or transfer of ownership. A completed odometer disclosure must be provided for all non-exempt vehicles at the time of application for title.

1. Beginning January 1, 2021, vehicles of model year 2011 and newer will be subject to odometer disclosure for 20 years.

B. Vehicles exempt from odometer requirements include:

1. vehicles having a gross weight rating of more than 16,000 pounds;

2. vehicles that are not self-propelled (i.e. trailers);

3. a vehicle with a model year of 2010 or before, that is transferred at least 10 years after January 1 of the calendar year corresponding to its designated model year.

C. Transfer of ownership when the certificate of title is in the possession of a lienholder, lost or otherwise unavailable. The same person may not sign a disclosure statement as both the transferor and the transferee in the same transaction except if the certificate of title is physically held by the lienholder, the transferor may complete a special power of attorney that meets the criteria set forth in 49 CFR. 580.4 and 580.13 for the purpose of granting a transferee authority to complete a odometer disclosure on their behalf. The special power of attorney form shall not require notarization.

D. Upon receipt of the certificate of title, the transferee shall complete the odometer disclosure exactly as the mileage was disclosed by the transferor on the special power of attorney form.

La. Admin. Code tit. 55, § III-398

Promulgated by the Department of Public Safety and Corrections, Office of Motor Vehicles, LR 491412 (8/1/2023).

AUTHORITY NOTE: Promulgated in accordance with R.S. 32:704.