61-4-112. New motor vehicles -- transfers by dealers. (1) When a motor vehicle dealer transfers a new motor vehicle to a purchaser or other recipient, the dealer shall:
     (a) issue and affix a permit as prescribed in 61-4-111(2)(a) for transfers of used motor vehicles and retain a copy of the permit;
     (b) within 4 working days following the date of delivery of the new motor vehicle, forward to the county treasurer of the county where the purchaser or recipient resides:
     (i) one copy of the permit issued under subsection (1)(a);
     (ii) an application for certificate of title with a notice of security interest, if any, executed by the purchaser or recipient; and
     (iii) a statement of origin that shows that the vehicle has not previously been registered or owned, except as otherwise provided in this section, by any person, firm, corporation, or association other than a new motor vehicle dealer holding a franchise or distribution agreement from a new car manufacturer, distributor, or importer.
     (2) Upon receipt from the county treasurer of the documents required under subsection (1), the department shall issue a certificate of ownership and certificate of registration, together with a statement of lien as provided in 61-3-202.

     History: En. Sec. 4, Ch. 138, L. 1971; R.C.M. 1947, 53-109.2; amd. Sec. 1, Ch. 428, L. 1985; amd. Sec. 13, Ch. 503, L. 1985; amd. Sec. 5, Ch. 517, L. 1989; amd. Sec. 3, Ch. 342, L. 1995; amd. Sec. 55, Ch. 509, L. 1995; amd. Sec. 44, Ch. 515, L. 1999.