Indiana HB1304 establishes a procedure for applying for bonded certificates of title for vintage motor vehicles.
Indiana HB1304 creates a process for applying for bonded certificates of title for vintage motor vehicles. The bill specifies that a vintage motor vehicle must be at least 25 years old, have a fair market value of up to $20,000, and lack a current certificate of title. The application for a bonded certificate of title must be inspected by certain authorized personnel, including employees of licensed dealers, military police officers, police officers, and designated bureau employees.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.