§ 31-2-214 — Transfer of ownership

(a) Except as provided by subsections (b) through (e) of
this section, upon transfer of ownership of a vehicle the
registration of the vehicle expires and the original owner shall
immediately remove the license plates from the vehicle. Within
sixty (60) days after acquiring another vehicle for which the
license plates would be proper, the original owner may file an
application for the transfer of the license registration number
to a vehicle acquired by him accompanied by the fees based on
the amount which would be due on a new registration as of the
date of transfer less any credit for the unused portion of the
original registration fees for the original vehicle for the
assignment of the plates to the recently acquired vehicle
subject to the following:
(i) All vehicles of the current model year as
designated by the manufacturer thereof shall, for the payment of
the county registration fee thereon, be considered in the first
year of service regardless of the date of purchase;
(ii) The state fee shall be calculated by multiplying
the amount prescribed by W.S. 31-3-101(a)(ii) times the number
of full months remaining in the registration year divided by
twelve (12) and rounding to the next highest dollar;
(iii) If a license registration is transferred from a
vehicle where the fee was greater than the vehicle to which the
license registration is being transferred, there shall be no
refund of fees paid.
(b) Upon transfer of ownership of a vehicle held in joint
ownership between two (2) or more of the joint owners, or by a
person to the person's spouse, child, brother, sister or parent,
upon application and payment of the proper fee, the county
treasurer shall issue a new registration reflecting the changed
ownership and cancel the previous registration. The vehicle may
then be operated with the same license plates for the remainder
of the registration year.
(c) Upon termination of a lease agreement, the balance of
registration fees paid for the leased vehicle may be transferred
to a replacement motor vehicle, whether owned or leased. The
license plates may also be transferred by lessee if the transfer
is to a like motor vehicle.
(d) Upon termination of ownership of a motor vehicle, the
balance of the existing registration fees which have been paid
for the motor vehicle may be transferred to a replacement motor
vehicle that is to be leased if the lease occurs within
forty-five (45) days after the termination of ownership. The
license plates may also be transferred if the transfer is to a
like motor vehicle.
(e) Upon transfer of ownership of a trailer that had been
permanently registered under W.S. 31-2-206(n) the permanent
registration of that trailer expires and the original owner
shall immediately remove the license plate from that trailer. If
within sixty (60) days after the transfer of ownership the
original owner acquires another trailer for which the permanent
license plate would be proper, the original owner may file an
application for the transfer of the license registration number
to the newly acquired trailer and the license plate may be
transferred by the original owner to the original owner's newly
acquired trailer. The original owner is not subject to
additional registration fees for the transfer of the license
registration number under this subsection.