2014 Kentucky Revised Statutes CHAPTER 186A - AUTOMATED MOTOR VEHICLE REGISTRATION SYSTEM 186A.295 Owner to surrender title on destroyed vehicle or trailer.
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186A.295 Owner to surrender title on destroyed vehicle or trailer.
(1)
(2)
(a)
Any person or entity having a motor vehicle or trailer that has been
destroyed, to the extent that its repair cannot be obtained through usual
commercial repair services, at a cost less than its retail value as
established from a value manual approved by the Department of
Revenue, or from which two (2) or more parts which typically bear a
vehicle identification number placed thereon by the manufacturer have
been removed, or which he removes, shall surrender the certificate of title
for such vehicle for which he has a certificate of title in his or another
name, to the county clerk of the county in which such vehicle is located.
The clerk shall immediately forward the surrendered title to Frankfort with
instructions for canceling the title.
(b) Any person or entity engaged in the sale of used motor vehicle or trailer
parts, or the recycling or salvage of them, shall surrender the certificate of
title for any vehicle in his possession, and for which he has a certificate of
title, whether in his or another name, if such vehicle is destroyed within
the meaning of paragraph (a) of this subsection, or from which two (2) or
more parts which typically bear a vehicle identification number placed
thereon by a manufacturer have been removed, or which he removes, to
the county clerk of the county in which such vehicle is located. The clerk
shall immediately forward the surrendered title to Frankfort with
instructions for canceling the title.
(c) The surrender of the certificate of title pursuant to this section shall be
made within ten (10) working days, next succeeding the day when such
vehicle was received, destroyed, or next succeeding the day during which
such second part was removed.
Each county clerk shall receive without charge, a certificate surrendered in
accordance with this section, cancel it, and remit it to the Department of
Vehicle Regulation, and take any other action related to it, as required by the
Department of Vehicle Regulation.
Effective:June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 615, effective June 20, 2005. -Created 1982 Ky. Acts ch. 164, sec. 56, effective July 15, 1982.
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