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Vehicle titles are also used for car title loans, in which a car owner gives the vehicle lender their vehicle title as collateral in exchange for a loan. In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan.
Prior to July 1, 2019, plates belonged to the car, not the owner. As a result of lost turnpike toll revenue and law enforcement having trouble tracking vehicle owners, the law was changed, meaning plates now belong to vehicle owners and can be transferred from a previous vehicle to a new vehicle.
A title with a lienholder refers to a bank or lender who holds the car's title. If you buy a car with a car loan, the lender holds the car title until you pay off the loan.
Even once rebuilt and inspected, a branded vehicle must retain a permanent record of its traumatic past. Vehicle title branding is the use of a permanent designation on a vehicle's title, registration or permit documents to indicate that a vehicle has been written off due to collision, fire or flood damage or has been sold for scrap.
A new law aimed at reducing the length of time Oklahoma drivers can use temporary paper tags took effect Sunday. Senate Bill 2035 requires all vehicles purchased through dealerships or private ...
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Some nations' plates indicate the U.S. state with which they are most closely associated, while others do not. This variation may even exist among the nations associated with one particular state. This variation may even exist among the nations associated with one particular state.