19A NCAC 03C .0236      PENALTY FOR FAILURE TO MAKE TRANSFER WITHIN 28 DAYS

The following are exempted from the requirement to make application for title within 28 days of acquiring a vehicle (G.S. 20‑73):

(1)           licensed dealers;

(2)           transfer upon inheritance;

(3)           transfer by operation of law where confirmation of the sale is required;

(4)           transfer by the court (such as bankruptcy and confiscation);

(5)           dealers or repossessors when applying for title in their name;

(6)           out of state dealers reassigning North Carolina titles to North Carolina purchasers.

 

History Note:        Authority G.S. 20‑1; 20‑39; 20‑73; 20-77;

Eff. March 1, 1982;

Amended Eff. December 1, 1993; November 1, 1991.