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VIRP 11.145: Repossessions–New Vehicles (California Commercial Code §9503)

Transfers

Executive Summary

California DMV VIRP section 11.145 (Repossessions–New Vehicles (California Commercial Code §9503)) covers for new unregistered vehicles repossessed from a dealer, the following must be submitted: An Application for Title or Registration (REG 343) (PDF) form. If the REG 343 does not indicate the vehicle was not registered previously, a Statement of Facts (REG 256) (PDF) form completed by the finance company or the…. Part of Transfers. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.

Key Takeaways

  • For new unregistered vehicles repossessed from a dealer, the following must be submitted: An Application for Title or Registration (REG 343) (PDF) form….
  • If the REG 343 does not indicate the vehicle was not registered previously, a Statement of Facts (REG 256) (PDF) form completed by the finance company or the….
  • A Verification of Vehicle (REG 31) (PDF) form.
  • A certified copy of the trust receipt or flooring note agreement between the finance company and the dealer.
  • A Certificate of Repossession (REG 119) form executed by the finance company.

Important Facts

Manual section
11.145
Chapter
Transfers
Manual text
Verbatim DMV VIRP source below the overview