“Transitional ownership record” means a record containing all of the following:
- (1) The date of sale or if no sale is involved, the date the contract or security interest being perfected was signed.
- (2) The name of each owner of the vehicle.
- (3) The name and address of each security interest holder.
- (4) If there are multiple security interest holders, the priorities of interest if the security interest holders do not jointly hold a single security interest.
- (5) The vehicle identification number.
- (6) The name of the security interest holder or person who submits the transitional ownership record for the security interest holder.
[1989 c.927 §4; 1993 c.233 §10]