Minnesota Administrative Rules
Agency 171 - Public Safety Department
Chapter 7400 - MOTOR VEHICLE DEALERS
VEHICLE TRANSACTIONS; RECORDS
Part 7400.5600 - ACQUIRING SALVAGE VEHICLE

Universal Citation: MN Rules 7400.5600
Current through Register Vol. 49, No. 13, September 23, 2024

If a dealer acquires a damaged motor vehicle with an out-of-state title and the cost of repairs exceeds the value of the damaged vehicle, the dealer shall apply for a salvage certificate of title. If a dealer acquires a motor vehicle with an out-of-state salvage title or certificate as proof of ownership, the dealer shall apply for a salvage certificate of title. The dealer shall apply for the salvage certificate of title within 48 hours of receiving the out-of-state title. If the dealer sells the vehicle before the 48-hour period lapses, the dealer shall nevertheless apply for the salvage certificate of title and shall not deliver the out-of-state title to the buyer.

Statutory Authority: MS s 299A.01

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