(a) At the time that any manufacturer or distributor transfers a new vehicle to a dealer, the manufacturer or distributor shall give the dealer a manufacturer’s certificate of origin for the vehicle.

(b) At the time that any dealer transfers a new vehicle to another dealer, the transferring dealer shall assign the manufacturer’s certificate of origin for the vehicle to the transferee.

(c) Unless each of the dealers has a franchise in this State for the particular make of a vehicle, a dealer may not transfer a new vehicle to another dealer.

(d) Unless each of the dealers has a franchise in this State for the particular make of a vehicle, a dealer may not accept a transfer of a new vehicle from another dealer.