R873.  Tax Commission, Motor Vehicle.

R873-22M.  Motor Vehicle.

R873-22M-16.  Authorization to Issue a Certificate of Title Pursuant to Utah Code Ann. Section 41-1a-104.

            A.  A lienholder who lawfully repossesses a vehicle may apply for a certificate of title by paying the title fee and filing all of the following documents:

            1.  the outstanding Utah certificate of title showing the lien recorded;

            2.  a notarized affidavit of repossession, signed by the lienholder of record;

            3.  an application for title, properly signed and notarized.

            B.  If the purpose of the certificate of title is to record a new lien, or to rerecord a lien, and there is no change in the registered owner, all of the following are required:

            1.  the outstanding Utah certificate of title showing a release of all prior liens;

            2.  an application for title, properly signed and notarized;

            3.  the title fee.

            C.  In order to issue a new certificate of title showing the assignee as the lienholder, an applicant shall submit all of the following:

            1.  the outstanding Utah certificate of title with the lien recorded;

            2.  an application for title showing the registered owner and the new lienholder;

            3.  the title fee.

            D.  In lieu of the required owner's signature under Subsection C.2., the application may be stamped "Assignment of Lien Pursuant to Section 41-1a-607."

 

Effective:  2/13/95