Vermont Statutes Title 23 Sec. 2018
Terms Used In Vermont Statutes Title 23 Sec. 2018
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Commissioner: means the Commissioner of Motor Vehicles. See
- Dealer: means a person as defined in subdivision 4(8) of this title. See
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
- Identification number: means the numbers and letters, if any, on a vehicle designated by the Commissioner for the purpose of identifying the vehicle. See
- Lienholder: means a person holding a security interest in a vehicle. See
- Owner: shall include any person, corporation, co-partnership, or association holding legal title to a motor vehicle or having exclusive right to the use or control thereof for a period of 30 days or more. See
- Security interest: means an interest in a vehicle reserved or created by agreement and which secures payment or performance of an obligation. See
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: means a state, territory, or possession of the United States, the District of Columbia, the commonwealth of Puerto Rico, or a province of the Dominion of Canada. See
- Vehicle: means a motor vehicle as defined by section 4 of this title. See
§ 2018. Information on certificate
(a) Each certificate of title issued by the Commissioner shall contain:
(1) The date issued.
(2) The name and address of the owner.
(3) The names and addresses of any lienholders, in the order of priority as shown on the application or, if the application is based on a certificate of title, as shown on the certificate; however, no more than two lienholders may appear on a certificate. In the event that there are more than two lienholders on the vehicle, the certificate of title shall contain an appropriate legend as determined by the Commissioner.
(4) The title number assigned to the vehicle.
(5) A description of the vehicle, including, so far as the following data exist, its make, model, identification number, odometer reading, or hubometer reading or clock meter reading on all vehicles, type of body, number of cylinders, whether new or used, and, if a new vehicle, the date of the first sale of the vehicle for use.
(6) Any other data the Commissioner prescribes.
(b) Unless a bond is filed as provided in subdivision 2020(2) of this title, a distinctive certificate of title shall be issued for a vehicle last previously registered in another state or country the laws of which do not require that lienholders be named on a certificate of title to perfect their security interests. The certificate shall contain an appropriate legend as determined by the Commissioner and may contain any other information the Commissioner prescribes. If no notice of a security interest in the vehicle is received by the Commissioner within four months from the issuance of the distinctive certificate of title, he or she shall, upon application and surrender of the distinctive certificate, issue a certificate of title in ordinary form.
(c) The certificate of title shall contain forms for assignment and warranty of title by the owner and for assignment and warranty of title by a dealer, and may contain forms for applications for a certificate of title by a transferee, the naming of a lienholder, and the assignment or release of the security interest of a lienholder.
(d) A certificate of title issued by the Commissioner is prima facie evidence of the facts appearing on it.
(e) A certificate of title for a vehicle is not subject to garnishment, attachment, execution, or other judicial process, but this subsection does not prevent a lawful levy upon the vehicle.
(f) If a vehicle has been returned to the manufacturer after final determination, adjudication, or settlement pursuant to the provisions of 9 Vt. Stat. Ann. chapter 115 or after final determination, adjudication, or settlement under similar laws of any other state, any certificate of title for the vehicle shall contain an appropriate legend as determined by the Commissioner. (Added 1969, No. 297 (Adj. Sess.), § 1, eff. Sept. 1, 1971; amended 1983, No. 60, § 5; 1983, No. 141 (Adj. Sess.), § 2, eff. Jan. 1, 1985; 1999, No. 18, § 34, eff. May 13, 1999; 2015, No. 50, § 17.)