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§47-1137.1.
§47-1137.1.
A. Except for vehicles, travel trailers or commercial trailers which
display a current Oklahoma license tag, upon the purchase or transfer
of ownership of a used motor vehicle, travel trailer or commercial
trailer, including an out-of-state purchase or transfer of the same,
to a licensed used motor vehicle dealer, wholesale used motor vehicle
dealer, used travel trailer dealer or used commercial trailer dealer,
subsequently referred to in this section as "dealer", the dealer shall
affix a used dealer's plate visible from the rear of the vehicle,
travel trailer or commercial trailer. Such license plate shall expire
on December 31 of each year. When the vehicle, travel trailer or
commercial trailer is parked on the dealer's licensed place of
business, it shall not be required to have a license plate of any kind
affixed. A dealer shall obtain from the Oklahoma Tax Commission at a
cost of Ten Dollars ($10.00) a dealer license plate for demonstrating,
transporting or any other normal business of a dealer. A dealer may
obtain as many additional license plates as may be desired upon the
payment of Ten Dollars ($10.00) for each additional license plate. Use
of the used dealer license plate by a licensed dealer for other than
the purposes as set forth herein shall constitute grounds for
revocation of the dealer's license. The Oklahoma Tax Commission shall
design the official used dealer license plate to include the used
dealer's license number issued to him or her each year by the
Commission or the Used Motor Vehicle and Parts Commission.
B. Upon the purchase or transfer of ownership of an out-of-state used
motor vehicle, travel trailer or commercial trailer to a licensed
dealer, the dealer shall make application for an Oklahoma certificate
of title pursuant to the Oklahoma Vehicle License and Registration
Act, Section 1101 et seq. of Title 47 of the Oklahoma Statutes. Upon
receipt of the Oklahoma certificate of title, the dealer shall follow
the procedure as set forth in subsection A of this section. Provided,
nothing in this title shall be construed as requiring a dealer to
register a used motor vehicle, travel trailer or commercial trailer
purchased in another state which will not be operated or sold in this
state.
C. Upon sale or transfer of ownership of the used motor vehicle or
travel trailer, the dealer shall place upon the reassignment portion
of the certificate of title a tax stamp issued by the county treasurer
of the county in which the dealer has his or her primary place of
business. The tax stamp shall be issued upon payment of a fee of Three
Dollars and fifty cents ($3.50) and shall be in lieu of the dealer's
ad valorem tax on the inventories of used motor vehicles or travel
trailers but shall not relieve any other property of the dealer from
ad valorem taxation.
D. Upon sale of a used motor vehicle or travel trailer to another
licensed dealer, the selling dealer shall place the tax stamp required
in subsection C of this section upon the certificate of title. The
used dealer license plate or wholesale dealer license plate shall be
removed by the selling dealer. The purchasing dealer shall, at time of
purchase, place his or her dealer license plate on the used motor
vehicle, travel trailer or commercial trailer as provided in
subsection A of this section; provided, for vehicles, travel trailers
or commercial trailers purchased by a licensed used dealer at an
auction, in lieu of such placement of the dealer license plate, the
auction may provide temporary documentation as approved by the
Director of the Motor Vehicle Division of the Oklahoma Tax Commission
for the purpose of transporting such vehicle to the purchaser's point
of destination. Such temporary documentation shall be valid for two
(2) days following the date of sale.
E. The purchaser of every used motor vehicle, travel trailer or
commercial trailer, except as otherwise provided by law, shall obtain
registration and title for the vehicle or trailer within thirty (30)
days from the date of purchase of same. It shall be the responsibility
of the selling dealer to place a temporary license plate, in size
similar to the permanent Oklahoma license plate but of a fibrous
substance, upon a used motor vehicle, travel trailer or commercial
trailer when a transaction is completed for the sale of said vehicle.
The temporary license plate shall show the license number which is
issued to the dealer each year by the Oklahoma Tax Commission or the
Used Motor Vehicle and Parts Commission, the date the used motor
vehicle, travel trailer or commercial trailer was purchased and the
company name of the selling dealer. Such temporary license plate shall
be valid for a period of thirty (30) days from the date of purchase.
Use of the temporary license by a dealer for other than the purposes
set forth herein shall constitute grounds for revocation of the
dealer's license to conduct business. The temporary license plate
shall be affixed to the rear window of the vehicle sold. Purchasers of
a commercial trailer shall affix the temporary license plate to the
rear of the commercial trailer. The purchaser shall display the
temporary license plate for a period not to exceed thirty (30) days or
until registration and title are obtained as provided in this section.
The provisions of this subsection on temporary licenses shall apply to
nonresidents who purchase a used motor vehicle, travel trailer or
commercial trailer within this state that is to be licensed in another
state. The nonresident purchaser shall be allowed to operate the
vehicle or trailer within the state with a temporary license plate for
a period not to exceed thirty (30) days from date of purchase. Any
nonresident purchaser found to be operating a used motor vehicle,
travel trailer or commercial trailer within this state after thirty
(30) days shall be subject to the registration fees of this state upon
the same terms and conditions applying to residents of this state.
F. It shall be unlawful for any dealer to procure the registration and
licensing of any used motor vehicle, travel trailer or commercial
trailer sold by the dealer or to act as the agent for the purchaser in
the procurement of the registration and licensing of the purchaser's
used vehicle, travel trailer or commercial trailer. A license of any
dealer violating the provision of this section may be revoked.
G. Dealers following the procedure set forth herein shall not be
required to register vehicles, travel trailers or commercial trailers
to which this section applies, nor will the registration fee otherwise
required be assessed. Provided, dealers shall not purchase or trade
for a used motor vehicle, travel trailer or commercial trailer on
which the registration therefor has been expired for a period
exceeding thirty (30) days without obtaining current registration
therefor.
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