HARRY HUGHES, Governor                                    1703

(ii) Include in the assignment a statement
certifying each security interest, lien, or other encumbrances on
the vehicle.

[(e)] (G) If an automotive dismantler or recycler licensed
under Title 15 of this article owns a vehicle declared as
salvage and if a salvage certificate has been issued for the
vehicle as required by § 13-506 of this title, the automotive
dismantler or recycler may transfer the vehicle, without applying
for a new certificate of title, by executing an assignment of
ownership on the salvage certificate or on the form that the
Administration otherwise requires.

13-113.1.

(a) [(1)] At the time that any manufacturer or distributor
transfers a new vehicle to a dealer, the manufacturer or
distributor shall give the dealer a manufacturer's certificate of

origin for the vehicle.

[(2)] (B) At the time that any dealer transfers a new
vehicle to another dealer[:

(i) The] THE transferring dealer shall assign
the manufacturer's certificate of origin for the vehicle to the
transferee[; and

(ii) Each of the dealers shall have a franchise
in this State for the particular make of that vehicle].

(C)  UNLESS EACH OF THE DEALERS HAS A FRANCHISE IN THIS
STATE FOR THE PARTICULAR MAKE OF A VEHICLE, A DEALER MAY NOT
TRANSFER A NEW VEHICLE TO ANOTHER DEALER.

(D)  UNLESS EACH OF THE DEALERS HAS A FRANCHISE IN THIS
STATE FOR THE PARTICULAR MAKE OF A VEHICLE, A DEALER MAY NOT
ACCEPT A TRANSFER OF A NEW VEHICLE FROM ANOTHER DEALER.

[(b) Each dealer who holds a new vehicle for sale shall
have a franchise in this State for the particular make of that
vehicle.]

13-113.2.

(a) (1) In this section the following words have the
meanings indicated.

(2)  "Completed vehicle" means a two-stage vehicle
that does not require any additional manufacturing operation to
perform its intended function, except for the addition of readily
attachable components or minor finishing operations.

(3)  "First-stage manufacturer" means:

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