2010 Pennsylvania Code
Title 75 - VEHICLES
Chapter 77 - Snowmobiles and All-Terrain Vehicles
7712.12 - Assignment by secured party of security interest.

     § 7712.12.  Assignment by secured party of security interest.
        (a)  General rule.--A secured party may assign, absolutely or
     otherwise, his security interest in a snowmobile or ATV to a
     person other than the owner without affecting the interest of
     the owner or the validity or perfection of the security
     interest.
        (b)  Duty of assignee.--An assignee who desires to become the
     secured party of record shall mail or deliver to the department
     the certificate of title and an assignment by the secured party
     named on the certificate of title on a form prescribed by the
     department accompanied by the required fee. Upon receipt of the
     certificate of title, assignment and fee, the department shall
     issue a corrected certificate of title naming the assignee as
     secured party.
        (c)  Division 9.--The provisions of this section are subject
     to 13 Pa.C.S. § 9308(e) (relating to when security interest or
     agricultural lien is perfected; continuity of perfection).
     (June 8, 2001, P.L.123, No.18, eff. July 1, 2001; June 25, 2001,
     P.L.701, No.68, eff. 120 days)

        2001 Amendments.  Act 18 added section 7712.12 and Act 68
     amended the entire section.