Colorado § 42-4-2109 Transfer and purge of certificates of title

Colorado Statutes

§ 42-4-2109 — Transfer and purge of certificates of title

Colorado·Title 42 Vehicles and·Art. Regulation of Vehicles and Traffic

(1)Whenever any motor vehicle is abandoned and removed and sold in accordance with the procedures set forth in this part 21, the department shall transfer the certificate of title or issue a new certificate of title or shall purge such certificate of title in either of the following cases:

(a)Upon a person's submission to the department of the necessary documents indicating the abandonment, removal, and subsequent sale or transfer of a motor vehicle with an appraised value of more than two hundred dollars, the department shall transfer the certificate of title or issue a new certificate of title for such abandoned motor vehicle.

(b)Upon a person's submission of documents indicating the abandonment, removal, and subsequent wrecking or dismantling of a motor vehicle, including

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(1) Whenever any
motor vehicle is abandoned and removed and sold in accordance with the
procedures set forth in this part 21, the department shall transfer the certificate of
title or issue a new certificate of title or shall purge such certificate of title in either
of the following cases:

(a) Upon a person's submission to the department of the necessary
documents indicating the abandonment, removal, and subsequent sale or transfer
of a motor vehicle with an appraised value of more than two hundred dollars, the
department shall transfer the certificate of title or issue a new certificate of title
for such abandoned motor vehicle.

(b) Upon a person's submission of documents indicating the abandonment,
removal, and subsequent wrecking or dismantling of a motor vehicle, including all
sales of abandoned motor vehicles with an appraised value of three hundred fifty
dollars or less that are conducted pursuant to section 42-4-2104 (2) and all sales of
abandoned motor vehicles, as defined in section 38-20-116 (2.5)(b)(I), C.R.S., with a
retail fair market value of three hundred fifty dollars or less that are conducted
pursuant to section 38-20-116 (2.5)(d)(I), C.R.S., the department shall keep the
records for one year and then purge the records for such abandoned motor vehicle;
except that the department shall not be required to wait before purging the records
if the purchaser is a licensed motor vehicle dealer.

Colorado § 42-4-2109 (Transfer and purge of certificates of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2002: Entire part added with relocated provisions, p. 484, � 2, effective July 1. L. 2004: Entire section amended, p. 613, � 5, effective January 1, 2005. L. 2006: (1)(b) amended, p. 204, � 2, effective July 1. L. 2008: (1)(a) and (1)(b) amended, p. 546, � 5, effective January 1, 2009. L. 2009: (1)(b) amended, (HB 09-1279), ch. 170, p. 768, � 10, effective August 5.