41-3-301 - Sale by dealer, sale by auction -- Temporary permit -- Delivery of certificate of title or origin -- Notice to division.
41-3-301. Sale by dealer, sale by auction -- Temporary permit -- Delivery ofcertificate of title or origin -- Notice to division.
(1) (a) Each dealer licensed under Part 2, Licensing, upon the sale and delivery of anymotor vehicle for which a temporary permit is issued under Section 41-3-302 shall within 45days submit a certificate of title or manufacturer's certificate of origin for that motor vehicle,endorsed according to law, to the Motor Vehicle Division, accompanied by all documentsrequired to obtain a new certificate of title and registration in the new owner's name.
(b) If a temporary permit is not issued, the certificate of title or manufacturer's certificateof origin shall be delivered to the vendee, endorsed according to law, within 48 hours, unless thevendee is a dealer or dismantler in which case the title or manufacturer's certificate of origin shallbe delivered within 21 days.
(c) (i) A motor vehicle consigned to an auction and sold is considered sold by theconsignor to the auction and then sold by the auction to the consignee.
(ii) Both the consignor and auction are subject to this section.
(d) (i) (A) A motor vehicle consigned to a wholesale motor vehicle auction and sold to alicensed dealer or dismantler is considered sold by the consignor to the licensed dealer ordismantler.
(B) Both the consignor and the wholesale motor vehicle auction are subject to the titledelivery requirements of Subsection (1)(b).
(C) The consignor, or the wholesale motor vehicle auction as the consignor's agent, shallendorse the certificate of title according to law. By endorsing the certificate of title as agent ofthe consignor, the wholesale motor vehicle auction does not become the owner, seller, orassignor of title.
(ii) (A) A wholesale motor vehicle auction may purchase or sell motor vehicles in itsown name.
(B) If a wholesale motor vehicle auction purchases or sells a motor vehicle in its ownname, the wholesale motor vehicle auction is subject to Subsections (1)(a) and (1)(b).
(2) (a) (i) Each dealer licensed under Part 2, Licensing, upon the sale and delivery of amotor vehicle for which a temporary permit is issued under Section 41-3-302, shall within 45days give written notice of the sale to the Motor Vehicle Division upon a form provided by theMotor Vehicle Division.
(ii) The notice shall contain:
(A) the date of the sale;
(B) the names and addresses of the dealer and the purchaser;
(C) a description of the motor vehicle;
(D) the motor vehicle's odometer reading at the time of the sale; and
(E) other information required by the division.
(b) If no temporary permit is issued, the notice shall be filed with the division within 45days after the sale, and a duplicate copy shall be given to the purchaser at the time of sale, unlessthe purchaser is a dealer or dismantler.
(c) The administrator may make rules in accordance with Title 63G, Chapter 3, UtahAdministrative Rulemaking Act, providing that the notice required under Subsections (2)(a) and(2)(b) may be filed in electronic form or on magnetic media.
Amended by Chapter 382, 2008 General Session