An Act To Clarify the Procedure by Which a Salvage Company May Apply for a Motor Vehicle Title
Sec. 1. 29-A MRSA §1851, as amended by PL 2007, c. 150, §1, is further amended by adding at the end a new paragraph to read:
A vehicle left without a transferable title on the premises of an independent entity that temporarily stores a damaged or dismantled vehicle pursuant to an agreement with an insurance company, financial institution or dealer and that is engaged in the sale or resale of damaged or dismantled vehicles is subject to the provisions of section 1862.
Sec. 2. 29-A MRSA §1862 is enacted to read:
§ 1862. Left with an independent entity