La. Admin. Code tit. 55 § III-395

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-395 - Donations by Manual Gift at a Louisiana Motor Vehicle Commission Licensed Dealer

A. The donation of a titled motor vehicle by manual gift as provided by Civil Code article 1543 and documented by delivery of the motor vehicle's previously issued certificate of title that is executed by the donor-owner may be submitted to the Office of Motor Vehicles in connection with a motor vehicle transaction by a Louisiana Motor Vehicle Commission licensed dealer.

B. Subsequent to donation of a titled motor vehicle by manual gift authorized in the previous paragraph, the licensed dealer shall cause the donor and the donee to execute the form approved by the department that memorialized the fact the donation was accomplished by manual gift. This completed form, together with the previously issued title, duly endorsed, shall accompany the paperwork submitted by, or on behalf of the dealer, to the Office of Motor Vehicles.

C. Any transaction, which includes a donation by manual gift, submitted by, or on behalf of the dealer, to the Office of Motor Vehicles, which does not include the completed form required in this Section, shall not be processed and shall be returned to the dealer who submitted the transactions.

D. Nothing in this Section shall prohibit a dealer licensed by the Louisiana Motor Vehicle Commission from submitting a transaction which includes a donation by authentic act.

E. Donations of motor vehicles not associated with a transaction by a dealer licensed by the Louisiana Motor Vehicle Commission shall be by authentic act.

La. Admin. Code tit. 55, § III-395

Promulgated by the Department of Public Safety and Corrections, Office of Motor Vehicles, LR 40:2608 (12/1/2014).

AUTHORITY NOTE: Promulgated in accordance with R.S. 32:705.1.