If the Department of Revenue is not satisfied that there are no undisclosed security interests created before August 9, 1968, in a previously registered vehicle, or created before July 1, 1999, in a previously registered manufactured home or mobile home, the department may, in addition to the commission's options under Section 63-21-27 :
(a) Issue a distinctive certificate of title of the vehicle containing the legend "This vehicle, manufactured home or mobile home may be subject to an undisclosed lien" and any other information the department prescribes; or(b) Issue a distinctive certificate of title of the vehicle containing the legend "This certificate of title for this [manufactured home/mobile home] is issued pursuant to a filed affidavit of ownership and may be subject to an undisclosed lien" and any other information the department prescribes.Codes, 1942, § 8125-50; Laws, 1968, ch. 531, § 30; Laws, 1999, ch. 556, § 14, eff. 7/1/1999.Amended by Laws, 2024, ch. 494, SB 2764,§ 2, eff. 5/8/2024.