Section 15-507 - Transfer of vehicle to dismantler and recycler or scrap processor.
§ 15-507. Transfer of vehicle to dismantler and recycler or scrap processor.
(a) Assignment of title.- Except as provided in subsection (c) of this section, any person who transfers a vehicle to an automotive dismantler and recycler or scrap processor shall execute an assignment and warranty of title on:
(1) The certificate of title issued for the vehicle by this State or any other state; or
(2) Any other documentary evidence of ownership acceptable to the Administration.
(b) Delivery of certificate of title.- Except as provided in subsection (c) of this section, any person who transfers a vehicle to an automotive dismantler and recycler or scrap processor shall deliver the certificate of title or other documentary evidence of ownership to the automotive dismantler and recycler or scrap processor at the time of the transfer.
(c) Reassignment of title.- If a person holds an assigned certificate of title or any other documentary evidence of ownership acceptable to the Administration, the person:
(1) May transfer the vehicle to an automotive dismantler and recycler or scrap processor by endorsing a reassignment and warranty of title on the forms that the Administration requires; and
(2) Need not obtain a certificate of title in the person's own name.
[An. Code 1957, art. 661/2, § 5-203.1; 1977, ch. 14, § 2; 1980, ch. 732, § 2; 1986, ch. 472, § 1; 1993, ch. 457.]