Vermont Statutes Title 23 Sec. 2027
Terms Used In Vermont Statutes Title 23 Sec. 2027
- Commissioner: means the Commissioner of Motor Vehicles. 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
§ 2027. Issuance of new certificate
(a) The Commissioner, upon receipt of a properly assigned certificate of title, with an application for a new certificate of title, the required fee, and any other documents required by law, shall issue a new certificate of title in the name of the transferee as owner and mail to the first lienholder named in it or, if none, to the owner.
(b) The Commissioner, upon receipt of an application for a new certificate of title by a transferee other than by voluntary transfer, with proof of the transfer, the required fee, and any other documents required by law, shall issue a new certificate of title in the name of the transferee as owner. If the outstanding certificate of title is not delivered to him or her, the Commissioner shall make demand therefor from the holder thereof.
(c) The Commissioner shall file and retain for five years every surrendered certificate of title so as to permit the tracing of title of the corresponding vehicles. (Added 1969, No. 297 (Adj. Sess.), § 1, eff. Sept. 1, 1971; amended 1979, No. 187 (Adj. Sess.), § 3; 2011, No. 46, § 20; 2019, No. 131 (Adj. Sess.), § 215.)