1452                             LAWS OF MARYLAND                       [CH. 878

covering vehicles held by a dealer for resale must be properly en-
dorsed as hereinbefore provided, and all such certificates must con-
tain an assignment and warranty of title to said dealer upon the
certificates, and must be in the possession of the dealer within ten
days and remain at all such times until the sale or transfer of owner-
ship of the vehicles. All such certificates covering vehicles held for
resale must be available for inspection to duly authorized repre-
sentatives of the Department and to peace officers during regular
business hours.

(b)   In the event of the sale or transfer of the ownership, cer-
tificates of registration or title of a motor vehicle from one Maryland
registered dealer to another Maryland registered dealer such
registered dealer without applying for a new title [may] shall re-
assign an assignment or reassignment of such ownership, certificate
of registration or title, such reassignment to be on forms furnished
by the Department and shall include a statement under oath of all
liens and encumbrances on said motor vehicle. When a registered
dealer transfers his title or interest to another [person] party, other
than a registered dealer, he shall execute and acknowledge an assign-
ment and warranty of title upon the certificate of title and [deliver
the certificate of title to the person to whom such transfer is made
within ten days from date of delivery of the motor vehicle, or upon
request, such dealer, after obtaining from the transferee the written
application for registration and certificate of title of the said motor
vehicle and the prescribed fees therefor,] , if a Class A motor vehicle,
shall obtain from the transferee the written application for certificate
of title of said motor vehicle and the prescribed fees therefor, and
shall forward the same by mail or messenger to the Department
within ten days from the date of delivery of said motor vehicle
provided such motor vehicle is to be registered and titled in this
State. When a registered dealer transfers his title or interest to a
person for registration in another state or to another registered
dealer, he shall execute and acknowledge an assignment and war-
ranty of title upon the certificate of title and deliver the certificate
of title to the person or registered dealer to whom such transfer is
made within ten days from the date of delivery of the motor vehicle.
In the case of all other classes of motor vehicles other than a Class
A vehicle when a registered dealer transfers his title or interest to
another party, other than a registered dealer, he shall execute and
acknowledge an assignment and warranty of title upon the certificate
of title and deliver the certificate of title to the party to whom the
transfer is made within ten days from date of delivery of the motor
vehicle, or upon request, the dealer, after obtaining from the trans-
feree the written application for registration and certificate of title
of the motor vehicle and the prescribed fees therefor, shall forward
the same by mail or messenger to the Department within ten days
from the date of delivery of the motor vehicle.

(c)   Dealers who collect any tax or the prescribed fees for titling
Class A motor vehicles shall keep complete and accurate records of
all taxable sales together with a record of the tax collected thereon,
and shall keep all copies of invoices, Bills of Sale and other pertinent
records and documents in such form as the Department may, by
regulation, require. These records and other documents shall be
open at any time during business hours for inspection and examina-
tion by peace officers and duly authorized representatives of the