Section 168A.153 Report of Vehicle Receipt

MINNESOTA STATUTES AND CODES

Section 168A.153 Report of Vehicle Receipt

168A.153 REPORT OF VEHICLE RECEIPT.

Subdivision 1.Older model vehicle.

A dealer who buys an older model vehicle to be dismantled or destroyed shall report to the department within 30 days including the vehicle's license plate number and identification number, and the seller's name and driver's license number.

Subd. 2.Late-model or high-value vehicle.

A dealer who buys a late-model or high-value vehicle to be dismantled or destroyed shall notify the secured party, if any, and the commissioner in the manner prescribed in subdivision 3. The dealer must then properly destroy the certificate of title.

Subd. 3.Notification on vehicle to be dismantled or destroyed; service fee.

Within the time frames prescribed in subdivisions 1 and 2 of acquiring a vehicle titled and registered in Minnesota, a dealer shall notify the registrar that the dealership purchased the vehicle to be dismantled or destroyed. The notification must be made electronically as prescribed by the registrar. The dealer may contract this service to a deputy registrar and the registrar may charge a fee not to exceed $7 per transaction to provide this service.