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695
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MARVIN MANDEL, Governor
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(II) THE CERTIFICATE OF TITLE NEED NOT BE
SUBMITTED TO THE ADMINISTRATION UNTIL THE APPLICATION FOR
A NEW CERTIFICATE OF TITLE IS MADE.
(2) IF TITLE IS ASSIGNED PROPERLY BY THE
PERSONAL REPRESENTATIVE OF THE DECEASED OWNER, A
CERTIFICATE OF LETTERS TESTAMENTARY OR OF ADMINISTRATION
ISSUED BY A COURT OF COMPETENT JURISDICTION IN THIS STATE
IS SUFFICIENT AUTHORITY FOR THE ADMINISTRATION TO
TRANSFER THE TITLE OF THE VEHICLE OF A DECEASED OWNER.
(C) VEHICLE REPOSSESSED BY SECURED PARTY.
(1) THE ADMINISTRATION MAY TRANSFER ON ITS
RECORDS THE OWNERSHIP OF A VEHICLE THAT HAS BEEN
REPOSSESSED BY A SECURED PARTY, IF THE SECURED PARTY
SUBMITS TO THE ADMINISTRATION A CERTIFICATION THAT
STATES:
(I) THAT THE SECURED PARTY HAS A SECURITY
INTEREST IN THE VEHICLE;
(II) THAT, ON THE BASIS OF THE SECURITY
AGREEMENT OR OTHER LAWFUL BASIS, THE SECURED PARTY HAS A
RIGHT TO THE POSSESSION OF AND TITLE TO THE VEHICLE;
(III) THAT THE SECURED PARTY HAS POSSESSION
OF THE VEHICLE; AND
(IV) ANY OTHER INFORMATION THAT THE
ADMINISTRATION REQUIRES.
(2) ON SUBMISSION OF THE CERTIFICATION TO
IT, THE ADMINISTRATION MAY ISSUE A NEW CERTIFICATE OF
TITLE IF IT IS SATISFIED THAT THE SECURED PARTY IS
ENTITLED TO ONE.
REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §3-114.
In subsection (c) (2) of this section, the word
"certification" is substituted for "affidavit"
to conform to the usage in subsection (c)(1).
As to certifications, generally, see §12—109
of this article.
The only other changes are in style.
13-115. RESERVED.
13-116. WHEN ADMINISTRATION TO ISSUE NEW CERTIFICATE.
(A) IN GENERAL.
ON RECEIPT OF A PROPERLY ASSIGNED CERTIFICATE OF
TITLE, AN APPLICATION FOR A NEW CERTIFICATE OF TITLE,
THE REQUIRED FEE, AND ANY OTHER DOCUMENTS AND
INFORMATION REQUIRED BY LAW, THE ADMINISTRATION SHALL
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