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.
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