Louisiana Administrative Code
Title 55 - PUBLIC SAFETY
Part III - Motor Vehicles
Chapter 15 - Services Provided by Persons and Business Entities
Subchapter A - Auto Title Companies
Section III-1501 - Definitions

Assistant Secretary- assistant secretary of the Office of Motor Vehicles.

Auto Title Company- any person, firm, association, or corporation which is engaged primarily in the transfer and recordation of sales, leases, or mortgages of vehicles including, but not limited to, mobile homes, trailers, and motor vehicles. The term auto title company also means any person, firm, association, or corporation which has been licensed in accordance with the provisions of R.S. 32:735 et seq. An auto title company shall not mean an insurance company transferring titles to wrecked vehicles, or a licensed motor vehicle dealer, lending institution, financial institution regulated by state or federal authorities, or a notary, attorney, or individual applicant unless he or it is doing business as an auto title company.

Department- Department of Public Safety and Corrections, Office of Motor Vehicles.

Doing Business as an Auto Title Company- any act by which a person, firm, association, or corporation holds himself or itself out to the public as being engaged in the business of handling transactions involving the transfer and recordation of sales, leases, or mortgages of vehicles including, but not limited to, mobile homes, trailers, and motor vehicles, but does not include an attorney, notary, financial institution, lending institution, or insurance company, unless these entities or persons issue temporary registrations.

Person- includes person, corporation, partnership, limited liability company, firm, association, or other legal entity formed to conduct business.

AUTHORITY NOTE: Promulgated in accordance with R.S. 32:735(B).