is title jumping illegal in texas?

Acts 2011, 82nd Leg., R.S., Ch. Some car titles may be branded flood damaged or salvage. However, that information may not show up until the title is transferred, so an unwitting buyer can be duped with an older title that still says the vehicle is clean. With you being the buyer in this case you are considered to be a likely victim. A sale made in violation of this chapter is void and title may not pass until the requirements of this chapter are satisfied. Amended by Acts 2001, 77th Leg., ch. They may be able to help you get coverage for the car or get a refund on your policy. Sec. These steps are not unlike the ones you should take when buying a car from a private party. If you are caught Jumping or Skipping Vehicle Titles you will face Fines, Penalties, and Possible Jail Time. 17.02, eff. 2.02, eff. Acts 2009, 81st Leg., R.S., Ch. January 1, 2012. 1, eff. 1325, Sec. Sept. 1, 2001. Added by Acts 2001, 77th Leg., ch. Your title will be branded as bonded for a period of time, during which someone can make a claim on your bond by saying they are the owner of your vehicle, before you can apply for a clean title. 2357), Sec. 4, eff. 2357), Sec. If they find that there are two people claiming ownership of the car, they will not allow you to register it. (b) The assessor-collector shall hold the hearing not earlier than the 11th day and not later than the 15th day after the date the assessor-collector receives the application for a hearing. Colorado Revised Statutes Title 42. Vehicles and Traffic - Findlaw Acts 2013, 83rd Leg., R.S., Ch. 2357), Sec. (2) the department shall notify the applicant that the department's titling system has established a record of title of the motor vehicle in the applicant's name if a lien is not disclosed. Mail the application to the DMV (or take the documents back to the physical location) and wait for their approval. Include the application fees, which are stated on the title application form. If you are caught Jumping or Skipping Vehicle Titles you will face Fines, Penalties, and Possible Jail Time. The more you know, the better equipped you will be able to see the entire process through, the less prone you will be to make a mistake, and the better you will be able to spot any kind of fraudulent activity. Amended by Acts 1999, 76th Leg., ch. (f) The department may adopt rules to administer this section. 1296 (H.B. 296, Sec. January 1, 2012. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. (a) The owner of a motor vehicle must present identification and apply for a title as prescribed by the department, unless otherwise exempted by law. 501.095. The judge shall try the appeal in the manner of other civil cases. (f) The department may develop an optional electronic rights of survivorship agreement for public use. What is the best alternative you suggest for me? As title jumping is considered a felony, it is highly illegal in all 50 states. (a) In this section, "salvage pool operator" has the meaning assigned by Section 2302.001, Occupations Code. (a) If a printed title is lost or destroyed, the owner or lienholder disclosed on the title may obtain, in the manner provided by this section and department rule, a certified copy of the lost or destroyed title directly from the department by applying in a manner prescribed by the department and paying a fee of $2. 1:10. January 1, 2012. 165, Sec. MOTOR NUMBER REQUIRED FOR REGISTRATION. Law of Texas - Wikipedia (b) If a motor vehicle or watercraft for which a certificate of title has been issued is sold or if the ownership of the motor vehicle or watercraft is transferred in any manner other than by a transfer on death . A person who purposely or knowingly violates a provision of chapter 10 of Title 39 of the Revised Statutes, for which a specific penalty is not provided in that chapter or this section, shall be guilty of a crime of the fourth degree. For example, s. omeone sells a car to another person. (b) Repealed by Acts 2017, 85th Leg., R.S., Ch. The term does not include: (C) any damage caused only to the exterior paint of the motor vehicle; or. 12), Sec. July 1, 2001; Acts 2003, 78th Leg., ch. (i) The department by rule may provide that a person required by this section to provide notice may provide the notice electronically, including through the use of e-mail or an interactive website established by the department for that purpose. CANCELLATION OF DISCHARGED LIEN. (3) if the vehicle was imported from a country that cancels the vehicle registration and title for export, the documents assigned to the vehicle after the registration and title were canceled, with an English translation of the documents verified as to the accuracy of the translation by an affidavit of the translator. (a) The owner of a motor vehicle for which a nonrepairable vehicle title issued prior to September 1, 2003, or for which a salvage vehicle title or salvage record of title has been issued may apply for a title after the motor vehicle has been repaired, rebuilt, or reconstructed and, in addition to any other requirement of law, only if the application: (1) describes each major component part used to repair the motor vehicle; (2) states the name of each person from whom the parts used in assembling the vehicle were obtained; and. Section: 2C:21-4.8: Motor vehicle title offenses, grading. (e) An electronic application for a nonrepairable vehicle title, nonrepairable record of title, salvage vehicle title, or salvage record of title must clearly advise the applicant of the same provisions required on a printed title. September 1, 2019. Acts 2013, 83rd Leg., R.S., Ch. 1325, Sec. Imprisonment, penalties, and fines all await sellers who title jump should they get caught. It is possible that the law may not apply to you and may have changed from the time a post was made. 1173 (H.B. What he is doing is title jumping. 4472), Sec. 4, eff. (b) In this section, "former military vehicle" has the meaning assigned by Section 502.001. 1135 (H.B. 43, eff. 3745), Sec. 1235), Sec. Amended by Acts 1997, 75th Leg., ch. We use cookies to ensure that we give you the best experience on our website. PERSONAL IDENTIFICATION INFORMATION FOR OBTAINING TITLE. September 1, 2007. 70. Other times, an open title can simply be the result of signing in an incorrect place, making a mistake with the information, or just forgetting to put information in a particular spot altogether. The insurance company must include in the notice the name and address of the owner of the motor vehicle and the lienholder, if any. SIGNATURES. Seller didn't disclose title details and failed to include all items Acts 2005, 79th Leg., Ch. (2) a list of all vehicles sold under this section that contains: (C) the name of the country that issued the identification document provided by the purchaser, as shown on the document; and. 1, eff. The term includes a major component part but does not include a rebuildable or rebuilt core, including an engine, block, crankshaft, transmission, or other core part that is acquired, possessed, or transferred in the ordinary course of business. This can be confusing and infuriating for those on both sides of the middle-man trying to title jump, and in many cases, there are few things the original owner - or you - can do about it. EXECUTION OF TRANSFER DOCUMENTS; PENALTY. (a) A person who transfers a motor vehicle in this state shall complete in full and date as of the date of the transfer all documents relating to the transfer of registration or title. 69, eff. 4, eff. This is not the case when transacting with a private party. 1296 (H.B. 1, eff. OUT-OF-STATE SALVAGE OR REBUILT SALVAGE VEHICLE. 19, eff. However, a few exceptions to this rule exist, such as when a title owner is deceased and the next of kin wishes to sell the vehicle. (19) "Used part" means a part that is salvaged, dismantled, or removed from a motor vehicle for resale as is or as repaired. Where once the crime was largely limited to dealerships, the Internet has allowed the problem to spread to individuals dead set on making quick cash via car flipping and operating with no regulation or license. Sept. 1, 1997. RULES; FORMS. However, Delaware, Kansas, Kentucky, Louisiana, Maryland, New Jersey, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, and Virginia don't allow people to get bonded titles. September 1, 2017. 17.05, eff. (B) the requirements for operation or transfer of ownership of the motor vehicle under Subsection (b). Acts 2011, 82nd Leg., R.S., Ch. September 1, 2013. (2) may only be used as a source for used parts or scrap metal. 1296 (H.B. Acts 2009, 81st Leg., R.S., Ch. 2357), Sec. 501.113. Sec. 1287 (H.B. Acts 2017, 85th Leg., R.S., Ch. As we've said, it's rare, but it can happen. Title Flipping actually used to be a problem confined to small used car dealerships who were just trying to cut the cost of doing business and increase the turnover rate on their inventory. Title jumping, also called a jumped title or floated title, is defined as the act of buying a vehicle and selling it without registering the vehicle in your name. (2) "Casual sale" means the sale by a salvage vehicle dealer or an insurance company of five or fewer nonrepairable motor vehicles or salvage motor vehicles to the same person during a calendar year, but does not include: (A) a sale at auction to a salvage vehicle dealer; (B) a sale to an insurance company, out-of-state buyer, or governmental entity; or. September 1, 2013. Sept. 1, 2001. 501.156. 1325, Sec. DEFINITIONS. 62, eff. Sand rails (SRs). TRANSFER OF VEHICLE BY OPERATION OF LAW. January 1, 2012. In some cases, the local DMV will catch the error and reject the title transfer until a correction form is submitted or the correction can be made by the appropriate parties. 2076), Sec. 2559), Sec. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. If someone is looking to quickly flip a used car for profit, sales tax, registration and titling fees, and other costs can quickly add up. But last I heard title jumping / floating is illegal in all 50 states. All financial products, shopping products and services are presented without warranty. (d) A rights of survivorship agreement under this section may be revoked only if the persons named in the agreement file a joint application for a new title in the name of the person or persons designated in the application. How To Get A Title For A Camper Without Title (c) This subsection applies only if the department receives notice under Subsection (a) before the 30th day after the date the seller delivered possession of the vehicle to the purchaser or in accordance with Section 152.069, Tax Code. 165, Sec. 1, eff. January 1, 2012. Added by Acts 2017, 85th Leg., R.S., Ch. 501.162. An open title is the result of title jumping, but they are not necessarily the same. 1422), Sec. 66, eff. Leaving the title open is illegal, and is known as title jumping or title skipping. People jump or skip car titles because it is a way to avoid paying taxes on the sale of the vehicle. 68, eff. You also will not be able to get insurance on the car. Sellers are title jumping when they sell vehicles without transferring the title into their name, which all states require. Here is what you need to know when this happens. You can keep records as a buyer, but keeping pictures, odometer readings, license plates, and other detailed vehicle information as a seller can help protect you in the event that the next buyer never signs the title. 2357), Sec. They dont get a ton of cars this way, but the cars they do get are so cheap that they can usually sell them very fast, and when combined with not having to pay any govt fees or taxes, they typically turn a decent profit. 1075, Sec. However, a scammer may delete their Facebook account or stop responding to your emails after theyve taken your money. 59, eff. New comments cannot be posted and votes cannot be cast. Sept. 1, 1997. 18, eff. 24, eff. (2) notify the debtor of the assignment. DC's Solution to Illegal Immigrants Bused From Texas: 'Train to Miami' 586 (S.B. September 1, 2013. Not more than 120 days before the transfer of the vehicle by the owner, the transferee or agent under the power of attorney or person receiving delivery of the vehicle shall in writing request the owner to provide a signed and dated written statement stating the odometer reading (not to include tenths of a mile) as of the date of the statement, and further stating words to the effect that either: (i) to the best of the owner's knowledge, the odometer reading reflects the actual mileage of the vehicle; (ii) the actual mileage has gone over the odometer's mechanical limits and the odometer reading reflects the amount of mileage in excess of the mechanical limits of the odometer, if the owner knows that to be the case; or (iii) the odometer reading is not the actual mileage, if the owner knows that to be the case. Sept. 1, 2001. January 1, 2012. 592 (S.B. 20, eff. 501.052. The brand can be removed in three to five years if there are no issues, and then people will be eligible for a clean title. (a) A person commits an offense if the person stamps or places a serial number on a vehicle or part of a vehicle with the intent of changing the identity of the vehicle. 32, eff. 2076), Sec. (b) It is an affirmative defense to prosecution of an offense under this section that the person acted with respect to a number assigned by: (1) a vehicle manufacturer and the person was an employee of the manufacturer acting within the course and scope of employment; or, (A) discharging official duties as an agent of the department; or. The title jumps from one owner to the next, so there's no record of you owning the vehicle. 592 (S.B. 2495), Sec. The term and practitioners have since expanded, but the crime's roots are with car dealers. (2) proof of notice as required by Sections 70.004 and 70.006, Property Code, or by Section 59.0445, Property Code. 30, eff. 501.038. The amount of the service charge must be reasonably related to the expense incurred by the department in collecting the original amount. Penalties include heavy fines or possible jail time. Acts 2011, 82nd Leg., R.S., Ch. If any future buyer comes back to you after buying a vehicle from the person to whom you just sold your vehicle, you will be ready to help them sort out any title difficulties they may have. Sept. 1, 1997. 1291 (H.B. 2, eff. 1136 (H.B. Search Indiana Code. 969 (S.B. 1421, Sec. (5) conditioned to indemnify all prior owners and lienholders and all subsequent purchasers of the vehicle or persons who acquire a security interest in the vehicle, and their successors in interest, against any expense, loss, or damage, including reasonable attorney's fees, occurring because of the issuance of the title for the vehicle or for a defect in or undisclosed security interest on the right, title, or interest of the applicant to the vehicle. September 1, 2017. 34, eff. Sept. 1, 1995. 1, eff. 62, Sec. Read More Added by Acts 1997, 75th Leg., ch. 2357), Sec. 38.01. 2741), Sec. 1296 (H.B. It is not always possible to eliminate every factor that might lead to you having to deal with an open title, but there are several steps that you can take to minimize the possibility. 1296 (H.B. January 1, 2012. There is a statute. (a) This section applies only to a person who is the purchaser of a motor vehicle for which the dealer: (1) is required to apply for a title for the vehicle under Section 501.0234; and. Please take a moment and Register today! You are now a proud owner of a two-ton lawn ornament. 12, eff. The statement may consist of a form in which the agent or transferee or person receiving the vehicle includes the identification of the vehicle and owner and which allows the owner to fill in the odometer reading and mark an applicable box to indicate which of condition (i), (ii), or (iii) is applicable and to date and sign the statement. 3, eff. Jumping a car title (also called skipping or floating) is an illegal practice where the buyer of a car fails to title it in their name, causing the title history to skip an owner. (d) A salvage vehicle title or a salvage record of title for a vehicle that is a salvage motor vehicle because of damage caused exclusively by flood must bear a notation that the department considers appropriate. 1296 (H.B. (b) A person may perfect a security interest in a motor vehicle held as inventory by a person in the business of selling motor vehicles only by complying with Chapter 9, Business & Commerce Code. 99 (H.B. (c) The department's printed salvage vehicle title must clearly show that it is the ownership document for a salvage motor vehicle. If this happens to you, although your options may be limited, there are still avenues for you to pursue. The buyer and seller can transfer the title by: filling in the blanks with details of the sale on the vehicle's "Certificate of Title" form, attaching a lien release, if the title shows there is a lien in favor of a bank or lender, signing the certificate, and mailing them to Driver & Vehicle Services (DVS) within a certain time-frame. VEHICLE TRANSFER NOTIFICATION. Instead, you can get a bonded title from your states department of motor vehicles (if it offers them) by purchasing a lost-title bond from a surety company. Knife Owner Learns Some Knives Are Still Illegal in Texas. Swords Are 1759), Sec. (3) otherwise allowed by department rule. 262 (S.B. (10-a) "Nonrepairable record of title" means an electronic record of ownership of a nonrepairable motor vehicle. (c) Each duty imposed by this section on the seller of a motor vehicle is solely that of the seller. Where to file a consumer complaint in each state: Alabama -file a complaint with the State of Alabama. 1296 (H.B. 501.0922, 501.0923 as consolidated and amended by Acts 2003, 78th Leg., ch. 57, eff. Indiana and Ohio won't accept bonded titles, but they'll accept court-ordered titles. Title jumping defrauds the state out of registration fees. 501.030. Title Jumping (Seller's Name Not On Title) - Autohitch Title jumping is the act of purchasing and selling a vehicle without putting in your name as the legal owner first. Just like with most paperwork, it must be filled out correctly and entirely when a transfer of ownership takes place so that the new owner can re-register it in their name. 2005 North Carolina Code - General Statutes 20-73. New - Justia Law Sec. If you don't make sure the transfer is complete, you could be on the hook for things like traffic violations and parking tickets, despite someone else having possession of the vehicle. Renumbered from Transportation Code Sec. An OHV purchased in Texas is subject to Texas sales tax. 501.161. Acts 2011, 82nd Leg., R.S., Ch. January 1, 2012. 10 Things You Need To Know When Buying A Used Car From A Dealer, Like A Phoenix: The Pontiac Sunfire Is The Affordable, Fun, American Coupe We Need, A New Toyota Celica Concept Shows What A Pure Toyota Sports Car Could Be Without BMW, A Modern Plymouth Road Runner Like This Could Shake Up Today's Pony Car Market, This Is Why Chris Harris Was Banned From Driving Ferraris, 10 Things Everyone Forgot About The 1932 Ford V-8. Amended by Acts 1997, 75th Leg., ch. FILING BY PURCHASER; APPLICATION FOR TRANSFER OF TITLE. (14) "Manufacturer" has the meaning assigned by Section 503.001. For purposes of New York and New Jersey State ethics rules, please take notice that this website and its case reviews may constitute attorney advertising. 1817), Sec. 1290 (H.B. If someone is selling a car with an open title, they avoid paying sales tax, registration fees, and title fees, and they never put their name or information on the car's documents, leaving the original seller fully liable for the car. In both cases, it may be difficult to impossible to hold anyone accountable for damages or repairs if something goes wrong. Acts 2011, 82nd Leg., R.S., Ch. What happens to bona fide purchasers of real property that turns . January 1, 2012. (10) "Importer" means a person, other than a manufacturer, that brings a used motor vehicle into this state for sale in this state. 1296 (H.B. Can You Be Sued for Selling a Boat Without Transferring Title - ExpertLaw May 22, 2015. (a) A peace officer may seize a vehicle or part of a vehicle without a warrant if the officer has probable cause to believe that the vehicle or part: (2) has had the serial number removed, altered, or obliterated. (, The title is already signed before you ever agree to purchase (. Text of subsection as added by Acts 2011, 82nd Leg., R.S., Ch. Blog It's a practice known as title jumping, and ultimately is designed in the hope they can dodge not only the registration fees and any transfer fee or state sales tax, but also the costs and penalties incurred through parking tickets, traffic tickets, or even crimes. The board by rule may provide a list of the documents required for the issuance of a receipt that evidences title to a motor vehicle for registration purposes only. (B) an out-of-state insurance company that pays a loss claim for a motor vehicle in this state. By avoiding sales taxes, they make more money. Acts 2017, 85th Leg., R.S., Ch. (A) is designed or used to carry a load wholly on the trailer's own structure; and. Vehicles titles have a section that identifies the vehicle make, model, color, odometer reading at the time of purchase, and a title number. Acts 2011, 82nd Leg., R.S., Ch. However, this does not influence our evaluations. This means that you will have to pay for all repairs out of your own pocket. 567 (H.B. Sec. September 1, 2019. 2741), Sec. (c) The person named as the agent in the limited power of attorney must meet the following requirements: (1) the person may be a person who has been deputized to perform vehicle registration functions as authorized by rules adopted under Section 520.0071, a licensed vehicle auction company holding a wholesale general distinguishing number under Section 503.022, a person who has a permit similar to one of the foregoing that is issued by the state in which the owner is located, or another person authorized by law to execute title documents in the state in which the owner executes the documents; and. 1, eff. That being said, this does not override the claim to ownership that the original title owner will have. 592 (S.B. 501.0235. 2357), Sec. January 1, 2012. Acts 1995, 74th Leg., ch. (2) stamp in each unused reassignment space on the back of the title the words "FOR EXPORT ONLY" and print the number of the dealer's salvage vehicle license or the name of the governmental entity, as applicable. (h) Notwithstanding Subsections (a)-(g) and procedures that may be conducted under those subsections, the assignment of a lien does not affect the procedures applicable to the foreclosure of a worker's lien under Chapter 70, Property Code, or the rights of the holder of a worker's lien. Transferred, redesignated and amended from Transportation Code, Section 520.022 by Acts 2011, 82nd Leg., R.S., Ch. 2, eff. Texas Boating Laws and Regulations - BOATERexam.com PDF Section 2 Motor Vehicle and Trailer Titles - Missouri It contains information like the vehicles VIN number, the make and model of the vehicle, and the vehicle owners name and home address. 10, eff. Sept. 1, 1997; Acts 2001, 77th Leg., ch. You can attempt to contact the original owner of the vehicle with the original title to track and prove ownership history and get a duplicate title. A copy of the form filed under this section is proof of the filing of the form. 969 (S.B. (d) The comptroller may adopt rules as necessary to implement this section, including rules that define "satisfactory evidence" for purposes of this section. The lien assigned remains valid and perfected and retains its priority, securing the obligation assigned to the assignee, against transferees from and creditors of the debtor, including lien creditors, as defined by Section 9.102, Business & Commerce Code. Sec. The Texas Parks and Wildlife is responsible for regulating the boating and water safety laws in Texas. September 1, 2017. (2) must make a reasonable inquiry as to the right of possession of a motor vehicle by the person delivering the vehicle for transport if the recorded owner of the vehicle is a person other than the person delivering the vehicle for transport. Does Revving Your Engine Warm It Up Faster? 17.02, eff. Sept. 1, 1995. January 1, 2012. Acts 2011, 82nd Leg., R.S., Ch. ALTERATION OF CERTIFICATE OR RECEIPT. Here is a list of our partners and here's how we make money. (h) The department shall issue the appropriate title to a person authorized to apply for the title under this section if the department determines that the application is complete and complies with applicable law. (4) manufactured and certified to comply with federal safety requirements for a motorcycle. Acts 2013, 83rd Leg., R.S., Ch. Caution is the name of the game. Understand Your States Titling Process:One underestimated way to prevent title jumping is to know your states titling process. People would get ripped off at the dealership. The term does not include manufactured housing. Title Transfer Fee: $28 to $33 (varies by county) Tag / License Fee: $51.75 base fee, $10 local fee. 165, Sec. January 1, 2012. 969 (S.B. This is Why Floating a Car Title is a Bad Idea Dirt Legal Title bonds up to $6,000 cost just $100 and are issued instantly. Sept. 1, 1995. (c) If a lien is disclosed on the application for a title, the assessor-collector shall issue a duplicate title receipt to the lienholder. Acts 1995, 74th Leg., ch. Sept. 1, 1995. (d) A certified copy of the title that is lawfully obtained under this section supersedes and invalidates any previously issued title or certified copy. The number of cars that a private party can sell in a year without a dealers license varies from state to state, but if you are good at fixing vehicles, it can be a tempting and lucrative business. Acts 2017, 85th Leg., R.S., Ch. 2076), Sec. look a gift horse in the mouth once they are handed a legitimate car title. (d) Except as provided by Subsection (e), an offense under Subsection (a), (b), or (c) is a Class C misdemeanor. ALTERNATIVE IDENTIFICATION NUMBER INSPECTION. Amended by Acts 2001, 77th Leg., ch. 19, eff. (c) Failure to make application under Subsection (b) or notify a debtor of an assignment does not create a cause of action against the recorded lienholder, the assignor, or the assignee or affect the continuation of the perfected status of the assigned lien in favor of the assignee against transferees from and creditors of the debtor, including lien creditors, as defined by Section 9.102, Business & Commerce Code. September 1, 2009. You may also be interested in these articles: Can You Sell A Motorcycle Without A Title? Acts 2019, 86th Leg., R.S., Ch. (2) two or more offenses under Subsection (a), (b), or (c), the offense is a state jail felony. 30.43(a), eff. September 1, 2013. Added by Acts 2013, 83rd Leg., R.S., Ch. This creates an Open Title, where the buyer takes that open title and sells the vehicle to someone else, never registering the vehicle or signing the title themselves. 1125 (H.B. September 1, 2011. When you sell a car, you are supposed to pay taxes on the profit you make from the sale. (2) issue a new title as provided by this chapter. If you buy a car from someone who has jumped the title, you may not be able to get your money back if something goes wrong. January 1, 2012. It's illegal, but we don't have a lot of proof and it would hurt if we ended up paying fees from March. You must be able to find the original owner because thats the only person the state DMV will acknowledge as being the seller. On receipt of a verified request approved by the executive administrator of a law enforcement agency, the department may issue a title in the form requested by the executive administrator for a vehicle in an alias for the law enforcement agency's use in a covert criminal investigation. EL PASO, Texas - President Joe Biden faced pleas for help in addressing the migrant crisis as he traveled Sunday to the U.S.-Mexico border for the first time since taking office, visiting . DUTY OF VEHICLE DEALER ON SALE OF CERTAIN VEHICLES. (j) Section 501.1001(c) applies to a motor vehicle acquired by an insurance company as described in Subsection (a), (c), or (f). 6 Sponsored by The Penny Hoarder What companies will send people money when they're asked nicely? IDENTIFICATION NUMBER INSPECTION REQUIRED. 501.024. 1079 (H.B. What Is a Bonded Title? Acts 2013, 83rd Leg., R.S., Ch. 26(2), eff. Added by Acts 2011, 82nd Leg., R.S., Ch. (b) Before a motor vehicle that was not manufactured for sale or distribution in the United States may be titled in this state, the applicant must: (A) a bond release letter, with all attachments, issued by the United States Department of Transportation acknowledging: (i) receipt of a statement of compliance submitted by the importer of the vehicle; and.