Vermont Statutes Title 23 Sec. 325
Terms Used In Vermont Statutes Title 23 Sec. 325
- Commissioner: shall mean in this title only the Commissioner of Motor Vehicles. See
- Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Month: means 30 days and "year" means 365 days. See
- Motor vehicle: includes all vehicles propelled or drawn by power other than muscular power, except farm tractors, vehicles running only upon stationary rails or tracks, motorized highway building equipment, road making appliances, snowmobiles, tracked vehicles, motor-assisted bicycles, electric bicycles, or electric personal assistive mobility devices. 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
§ 325. Refund of part of old registration fee
If the registration fee of the motor vehicle sought to be registered is less than the registration fee of the transferred motor vehicle, the Commissioner shall certify to the Commissioner of Finance and Management the facts pertinent to the difference of such registration fees, giving the name of the owner of such motor vehicle, his or her address, the amount of the original registration fee paid, the date of application for transfer, and the correct fee for the motor vehicle sought to be registered. The Commissioner of Finance and Management shall issue his or her warrant in favor of the owner for such percent of the difference in registration fees as the unexpired term bears to the entire registration period, but if a transfer of registration is made before the 15th day of any month, the transfer, for the purpose of the refund, shall be considered as having been made on the first day of such month. If such transfer of registration is made on or after the 15th day of any month, the transfer, for the purpose of the refund, shall be considered as having been made on the first day of the month following such application for transfer. (Amended 1977, No. 85, § 4, eff. Sept. 1, 1977; 1983, No. 195 (Adj. Sess.), § 5(b).)