Whenever the owner of any motor vehicle, trailer or semitrailer which is stolen or embezzled files an affidavit alleging such fact with the Department, it shall immediately suspend the registration of and refuse to reregister such vehicle until such time as it is notified that the owner has recovered the vehicle, but notices given as herein provided shall be effective only during the current registration period in which given. If during such period the vehicle is not recovered a new affidavit may be filed with like effect during the ensuing period. Every owner who has filed an affidavit of theft or embezzlement must immediately notify the Department of the recovery of such vehicle.
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