Section 140 IAC 6-1-16.5 - Salvage title; conversion to rebuilt title; assignment and transferAuthority: IC 9-14-8-3; IC 9-22-3-1
Affected: IC 9-17; IC 9-18-2; IC 9-22-3
Sec. 16.5.
(a) A person who acquires a salvage motor vehicle that was originally manufactured within the prior seven (7) model years must apply for a salvage motor vehicle title.(b) A person with a salvage motor vehicle title for a vehicle that has been rebuilt may apply for a rebuilt title for that vehicle.(c) A person with a salvage motor vehicle title may rebuild and sell the rebuilt vehicle without first obtaining a rebuilt title prior to selling the vehicle. However, the seller must provide the purchaser with the salvage motor vehicle title and an affidavit of restoration.(d) A person may not register a motor vehicle with a salvage motor vehicle title until the person obtains a rebuilt title for the motor vehicle. Bureau of Motor Vehicles; 140 IAC 6-1-16.5; filed Oct 7, 2008, 10:23 a.m.: 20081105-IR-140080215FRAReadopted filed 11/3/2014, 1:43 p.m.: 20141203-IR-140140375RFAReadopted filed 9/3/2020, 10:16 a.m.: 20200930-IR-140200090RFA