1. 1. Within thirty days after the notification form required by section 700.537 has been mailed, and the owner or lienholder has made satisfactory arrangements with the owner of real property, the lienholder who sent notification pursuant to sections 700.525 to 700.541 may apply to the director of revenue for a certificate of title. The application shall be accompanied by:

   1. (1) An affidavit of the lienholder that he is in compliance with all requirements of sections 700.525 to 700.541;
   2. (2) A copy of the receipt indicating that the owner or lienholder of record has received the notice required by sections 700.525 to 700.541;
   3. (3) A fee as required by the director of revenue by rule.
2. 2. Upon proof of the foregoing by proper affidavit and upon compliance with all requirements of sections 700.525 to 700.541, the director of revenue shall, if requested, issue a new certificate of title to the lienholder in possession within fifteen working days after request.

(L. 1992 H.B. 1434 & 1490 § 10 subsecs. 9, 10, A.L. 1995 H.B. 414)

*This section was repealed by S.B. 630, 2010, effective 3-01-11.