41-1a-603 - Issuance of new certificate of title -- Lienholder. - Utah Statutes

41-1a-603. Issuance of new certificate of title -- Lienholder.
(1) Upon receipt of a title application the division shall file the application, and whensatisfied as to the authenticity of the application, shall issue a new certificate of title in usualform, giving the name of the owner and a statement of one lien or encumbrance, if any, certifiedto the division as existing against the vehicle, vessel, or outboard motor.
(2) If a certificate of title has been issued, and the same lienholder as shown by therecords of the division only grants additional funds to the same owner as shown by the records ofthe division, no further recording is required and no subsequent certificate of title need be appliedfor or issued, if the original certificate or valid duplicate has remained in possession of thelienholder and the lien has not been released and the certificate has not been delivered to theowner.

Renumbered and Amended by Chapter 1, 1992 General Session
Amended by Chapter 218, 1992 General Session