S.B. 90                                                    VETOES

2.       The cost to repair the vehicle for highway operation is
equal to or less than the fair market value of the vehicle prior to sustaining the
damage for which the claim was paid;

3.       The vehicle is not rebuildable, will be used for parts only,
and is not to be retitled; or

4.       The vehicle has been stolen; and

(iii) A fee established by the Administration.

(3) Subject to the provisions of § 13-507(c)(2) of this subtitle, a salvage
certificate issued under this paragraph shall contain a conspicuous notation by the
Administration that describes which of the statements under paragraph (2)(ii) of this
subsection applies to the vehicle.

13-507.

(a)     (1) An application for a certificate of title of a vehicle for which a salvage
certificate has been issued shall be made by the owner of the vehicle on a form that
the Administration requires.

(2)     An application under paragraph (1) of this subsection shall be
accompanied by:

(i) Except as provided in subsection (c)(3) of this section, the
salvage certificate for the vehicle;

(ii) A certificate of inspection issued by a county police department
or the Department of State Police; and

(iii) A certificate of inspection as required under Title 23 of this
article.

(3)     (i) The Administration may establish a fee for an inspection under
paragraph (2)(ii) of this subsection.

(ii) The fees collected under this paragraph shall be paid into the
Vehicle Theft Prevention Fund established under Article 88B, § 74 of the Code.

(b)     (1) The certificate of title issued by the Administration shall be:

(i) Issued in the name of the applicant; and

(ii) In a form as provided in this subsection.

(2) The Administration shall issue a certificate of title that contains a
conspicuous notation that the vehicle is "rebuilt salvage" if the salvage certificate
accompanying the application:

(i) Bears BEARS a notation under § 13-506(c)(2)(ii)1 OR 2 of this
subtitle; or

(ii) [Does not bear a notation under § 13-506(c)(2)(ii)2 of this
subtitle] WAS ISSUED BEFORE OCTOBER 1, 1992, AND THE APPLICATION IS

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