New York Codes, Rules and Regulations
Title 15 - Department of Motor Vehicles
Chapter I - REGULATIONS OF THE COMMISSIONER
Subchapter B - Registration, Certificate of Title, and Number Plates
Part 20 - Certificate Of Title
Security Interests
Section 20.18 - Assignment of security interests
Universal Citation: 15 NY Comp Codes Rules and Regs ยง 20.18
Current through Register Vol. 46, No. 12, March 20, 2024
If a lienholder assigns a security interest in a vehicle to another party, he should submit the proper notice of recorded lien (Form MV-901) appropriately completed to the assignee. The assignee, if he wishes to have his name appear as lienholder on the certificate of title, shall forward the completed notice of recorded lien (Form MV-901) to the Title Bureau, Department of Motor Vehicles, South Mall, Albany, NY 12228, together with the appropriate fee. The department will request the title holder to submit his certificate of title, and upon receipt, will issue a new certificate of title showing the assignee as lienholder and a new notice of recorded lien will be sent to the assignee.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
