The division shall reregister a vehicle in the name of the new owner and issue a new certificate of registration and a new certificate of title: (1) upon receipt of the: (a) properly endorsed certificate of title; (b) certificate of registration; (c) proper application for registration; and (d) required fee; and (2) when satisfied as to the genuineness and regularity of the transfer and the right of the transferee to a certificate of title. Renumbered and Amended by Chapter 1, 1992 General Session
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