§ 105-187.4. Payment of tax. - North Carolina Statutes

§105‑187.4.  Payment of tax.

(a)        Method.  The taximposed by this Article must be paid to the Commissioner when applying for acertificate of title for a motor vehicle.  The Commissioner may not issue acertificate of title for a vehicle until the tax imposed by this Article hasbeen paid.  The tax may be paid in cash or by check.

(b)        Sale by Retailer. When a certificate of title for a motor vehicle is issued because of a sale ofthe motor vehicle by a retailer, the applicant for the certificate of title mustattach a copy of the bill of sale for the motor vehicle to the application.  Aretailer who sells a motor vehicle may collect from the purchaser of thevehicle the tax payable upon the issuance of a certificate of title for thevehicle, apply for a certificate of title on behalf of the purchaser, and remitthe tax due on behalf of the purchaser. If a check submitted by a retailer inpayment of taxes collected under this section is not honored by the financialinstitution upon which it is drawn because the retailer's account did not havesufficient funds to pay the check or the retailer did not have an account atthe institution, the Division may suspend or revoke the license issued to theretailer under Article 12 of Chapter 20 of the General Statutes. (1989,c. 692, s. 4.1; 1991, c. 193, s. 1.)