Maine § 29-A §665 Involuntary transfers of interest in motor vehicle

Maine Statutes

§ 29-A §665 — Involuntary transfers of interest in motor vehicle

Maine·Title 29-A MOTOR VEHICLES AND TRAFFIC·Ch. 7 TITLE TO VEHICLES

1.Other than voluntary transfer. If the interest of an owner in a vehicle passes to another, other than by voluntary transfer, the owner shall immediately surrender the certificate of title or certificate of salvage to the transferee or the Secretary of State. Except as otherwise provided in this section, the transferee shall promptly deliver to the Secretary of State the last certificate, if available, proof of the transfer and an application for a new certificate.

2.Interest terminated by lienholder. If the interest of the owner is terminated or the vehicle is sold under a security agreement by a lienholder named in the certificate of title or salvage, the following provisions apply.

3.Interest transferred. A person who holds a certificate of title or certificate of salvage and whose

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1.
Other than voluntary transfer.
If the interest of an owner in a vehicle passes to another, other than by voluntary transfer, the owner shall immediately surrender the certificate of title or certificate of salvage to the transferee or the Secretary of State. Except as otherwise provided in this section, the transferee shall promptly deliver to the Secretary of State the last certificate, if available, proof of the transfer and an application for a new certificate.
2.
Interest terminated by lienholder.
If the interest of the owner is terminated or the vehicle is sold under a security agreement by a lienholder named in the certificate of title or salvage, the following provisions apply.
3.
Interest transferred.
A person who holds a certificate of title or certificate of salvage and whose interest has been extinguished or transferred other than by voluntary transfer shall deliver the certificate to the Secretary of State on request.
4.
Forfeiture of interest.
If the interest of an owner is forfeited to the State under Title 15, chapter 517, the following provisions apply.
5.
Divorce.
When a divorce decree awards a vehicle to an individual, the following provisions apply.
6.
Repossession.
Upon the exercise of the right to take possession of a vehicle by a lienholder that is a creditor as defined in Title 9‑A, section 1‑301, subsection 17, or the assignee of that creditor, ownership of the vehicle vests in the lienholder, subject to the rights granted to the owner and the duties imposed on the lienholder under Title 9‑A, Article 5, Part 1, Title 11, Article 9‑A, Part 6 and Title 32, section 11017.

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