HB 1128 -- Sale and Transfer of Motor Vehicles
This bill regulates the sale of motor vehicles by individuals.
No person will be allowed to show for sale, display a sign, or
advertise a motor vehicle for sale unless the certificate of
ownership bears the seller's name and any other information
deemed pertinent by the Department of Revenue.
A person will not be allowed to place a vehicle for sale on
property not owned by the person unless a sales permit is
obtained from the Department of Revenue. The permit will be
good for a 90-day period and have a fee of $20. All sales
permits must contain a description of the vehicle being sold and
the name and address of the seller. A motor vehicle must not be
delivered without assigning a certificate of ownership to the
person accepting delivery of the motor vehicle.
Any person violating the provisions of this bill will be subject
to a fine of $100 to $250. Any vehicle shown for sale in
violation of this bill will also be subject to impoundment at
the expense of the person causing such sale. Any vehicle
delivered and shown for sale in violation of the title
assignment requirements will be confiscated and sold at a public
auction. One-half of the proceeds of any such sale will be
allocated to the local school district and the other half to the
Department of Revenue.
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Last Updated October 17, 2000 at 9:55 am