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Session Laws, 1977
Volume 735, Page 693   View pdf image
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693
MARVIN MANDEL, Governor
FIRST-STAGE MANUFACTURER. (3)            AT THE TIME THAT ANY SECOND-STAGE MANUFACTURER TRANSFERS TO A DEALER A NEW COMPLETED
VEHICLE THAT IS TO BE SOLD OR REGISTERED IN THIS STATE,
THE SECOND-STAGE MANUFACTURER SHALL GIVE THE DEALER THE
MANUFACTURER'S CERTIFICATES OF ORIGIN ISSUED BY BOTH THE
SECOND-STAGE           MANUFACTURER           AND           THE           FIRST-STAGE MANUFACTURER AND ASSIGNED TO THE DEALER BY THE
SECOND-STAGE MANUFACTURES. (C) TRANSFERS BY DEALERS. (1)        TRANSFERS OF NEW COMPLETED VEHICLES BY
DEALERS SHALL BE MADE AS PROVIDED IN THIS SUBSECTION. (2)          EACH DEALER WHO HOLDS A NEW COMPLETED
VEHICLE FOR SALE SHALL HAVE A FRANCHISE IN THIS STATE FOR
THE PARTICULAR MAKE OF AT LEAST ONE STAGE OF THAT
VEHICLE. (3)        IF THE DEALER'S FRANCHISE IS FOR THE MAKE
OF ONLY THE FIRST STAGE OF THE COMPLETED VEHICLE, THE
DEALER MAY TRANSFER THE VEHICLE, WITHOUT OBTAINING A
CERTIFICATE OF TITLE, BY EXECUTING AN ASSIGNMENT AND
WARRANTY OF TITLE ACCOMPANIED BY THE CERTIFICATES OF
ORIGIN ISSUED BY THE FIRST-STAGE MANUFACTURER AND THE
SECOND-STAGE MANUFACTURER. (4)       IF THE DEALER'S FRANCHISE IS FOR THE MAKE
OF ONLY THE SECOND STAGE OF THE COMPLETED VEHICLE, THE
DEALER MAY TRANSFER THE VEHICLE, WITHOUT OBTAINING A
CERTIFICATE OF TITLE, BY EXECUTING AN ASSIGNMENT AND
WARRANTY OF TITLE ACCOMPANIED BY THE CERTIFICATES OF
ORIGIN ISSUED BY THE FIRST-STAGE MANUFACTURER AND THE
SECOND-STAGE MANUFACTURER, IF THE CERTIFICATE OF ORIGIN
ISSUED BY THE FIRST-STAGE MANUFACTURER IS ASSIGNED TO THE
SECOND-STAGE MANUFACTURER. REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §3-113.1A. In subsection (a) (3) (iii) of this section, the
reference to a franchised dealer is new
language derived from the reference in present
§3-113.1A(b)(2)(i) to the "franchised dealer"
of the first—stage manufacturer. In subsection (a)(3) and (7) of this section,
the reference to a "person who distributes"
vehicles of the manufacturer is new language
derived without substantive change from Art.
66 1/2, §3-113.3(c); see General Revisor's
Note to this subtitle. Present §3—113.1A (d), which authorizes the
Administrator to adopt rules and regulations
for this section, is deleted as unnecessary in


 
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Session Laws, 1977
Volume 735, Page 693   View pdf image
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