Mich. Admin. Code R. 281.2207 – Application for title; dealer transferees. | Midpage
Rule 281.2207
Mich. Admin. Code R. 281.2207
Application for title; dealer transferees.
(By authority conferred on the secretary of state by section 2 of Act No. 160 of the Public Acts of 1976, as amended, being S281.1202 of the Michigan Compiled Laws)Vehicles & Watercraft
(1) If a watercraft is currently titled and is transferred to a dealer who holds it for resale, the dealer shall obtain and retain in dealership records an assigned certificate of title from the transferor. The dealer need not apply for a certificate of title in the dealer's name, but upon transfer of the watercraft, shall reassign the existing certificate of title and make application for a new title in the transferee's name as provided in section 6 of the act.
(2) If a watercraft is not currently titled and is transferred to a dealer who holds it for resale, the dealer shall, upon transfer of the watercraft, apply for a certificate of title to the watercraft in the transferee's name as provided in section 6 of the act.