§ 2115 — Transfer by operation of law

New York § 2115

• Jurisdiction: New York
• Law VAT: Vehicle & Traffic
• Title 10: Uniform Vehicle Certificate of Title Act

Text

§ 2115. Transfer by operation of law. (a) If the interest of an owner\nin a vehicle passes to another other than by voluntary transfer, the\ntransferee shall, except as provided in subdivision (b), promptly mail\nor deliver to the commissioner the last certificate of title, if\navailable, proof of the transfer, and his application for a new\ncertificate in the form the commissioner prescribes.\n (b) If the interest of the owner is terminated or the vehicle is sold\nunder a security agreement by a lienholder, the transferee shall\npromptly mail or deliver to the commissioner the last certificate of\ntitle if available to him, his application for a new certificate in the\nform the commissioner prescribes, and an affidavit made by or on behalf\nof the lienholder that the vehicle was repossessed and that the interest\nof the owner was lawfully terminated or sold pursuant to the terms of\nthe security agreement. If the lienholder succeeds to the interest of\nthe owner and holds the vehicle for resale, he need not secure a new\ncertificate of title but, upon transfer to another person, shall\npromptly mail or deliver to the transferee the certificate, if\navailable, affidavit and other documents required to be sent to the\ncommissioner by the transferee.\n (c) A person holding a certificate of title whose interest in the\nvehicle has been extinguished or transferred other than by voluntary\ntransfer shall mail or deliver the certificate to the commissioner upon\nrequest of the commissioner. The delivery of the certificate pursuant\nto the request of the commissioner does not affect the rights of the\nperson surrendering the certificate, and the action of the commissioner\nin issuing a new certificate of title as provided herein is not\nconclusive upon the rights of an owner or lienholder named in the old\ncertificate.\n