110 R.I. Code R. 110-RICR-40-00-3.5

Current through December 26, 2024
Section 110-RICR-40-00-3.5 - Applicability
A. These regulatory requirements apply to all sellers subject to these rules and regulations except as provided in § 3.5(B) of this Part.
B. Sellers shall not be liable under these rules and regulations to a purchaser of a motor vehicle with a tampered odometer if the following procedures are followed:
1. The box indicating "(3) I hereby certify that to the best of my knowledge the odometer reading as stated above is not the actual mileage of vehicle described below and should not be relied upon" is checked on the federal odometer statement which odometer statement is required by the Motor Vehicle Information and Cost Savings Act, 15 U.S.C. § 1988;
2. The words "the mileage/odometer reading shown cannot be relied upon as the true mileage due to alteration" are clearly and conspicuously, in red ink, displayed on the title to the motor vehicle prior to the transfer;
3. The purchaser signs and has notarized, prior to the actual transfer of title and prior to any monies changing hands or exchanges taking place, an affidavit which conforms to that required by the Department of Transportation Division of Motor Vehicles and contains the following information:
a. All information required to be placed on bills of sale for motor vehicles in accordance with Rules and Regulations promulgated by the Dealers License Commission under their authority to administer R.I. Gen. Laws §§ 31-5-1 through 31-5-20 inclusive, as amended; and
b. That the purchaser is aware that the mileage/odometer reading cannot be relied upon as the true mileage is unknown due to alteration.
C. Failure of a purchaser to follow the procedures herein set forth in no way affects any other right a purchaser has under federal or state law.

110 R.I. Code R. 110-RICR-40-00-3.5