(a)

1. (1) When any motor vehicle for which a salvage title has been issued (or for which a similarly branded or designated title has been issued by another state) is rebuilt or reconstructed, the repairer or rebuilder shall complete and deliver to the owner a signed Affidavit of Reconstruction for a Salvage Vehicle form which is prescribed by the Secretary of the Department of Finance and Administration and incorporated into this part that:

   1. (A) Fully discloses the repairs made to the vehicle; and
   2. (B) Lists all parts and components that were repaired or replaced.
2. (2) The owner or repairer or rebuilder, if that person is the owner, shall acknowledge receipt of the Affidavit of Reconstruction for a Salvage Vehicle form by signing it in the space provided for the owner's signature.

(b) The owner or repairer or rebuilder of a salvage vehicle, if that person is the owner, shall, within ten (10) working days, make application to receive a new certificate of title bearing the notation "REBUILT" in the remarks section on the face of the title by surrendering the existing salvage title to the repaired or reconstructed motor vehicle accompanied by:

1. (1) The completed Affidavit of Reconstruction for a Salvage Vehicle form;
2. (2) An application for registration and issuance of a certificate of title to the vehicle signed by the vehicle owner;
3. (3) Any additional documentation otherwise necessary to comply with specific statutory requirements for registration and issuance of a certificate of title; and
4. (4) Payment of all requisite fees and taxes.