1. (a) The applicable titling document listed in subsection 5530(c)(1) or 5531(b)(1) shall be endorsed by each registered owner identified thereon, or by an appropriate co-owner or heir pursuant to Sections 5542 and 5542.1, in the location established for signatures of releasing registered owner(s). In lieu of these endorsements, the department shall accept:

   1. (1) the original notice of sale or transfer of the unit to the transferee(s), received by the department pursuant to Section 5532; or
   2. (2) an original bill of sale, bearing the applicable unit identifying information, and signed under penalty of perjury by each registered owner, or by an appropriate co-owner or heir pursuant to Sections 5542, 5542.1, and 5542.2 which evidences release of the interest of each such registered owner to the transferee(s).
2. (b) The applicable titling document listed in subsection 5530(c)(1) or 5531(b)(1) must be endorsed by each transferee seeking to be registered with the department as a registered owner, in the location established for signatures of new registered owner(s), unless the transferee(s) submit to the department a registration information document as required by Section 5542.

Note: Authority cited: Sections 18015 and 18075, Health and Safety Code. Reference: Sections 18100.5(a) and 18102.5, Health and Safety Code.

History

1. New section filed 12-31-97; operative 1-1-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 1).