29-250 C.M.R. ch. 162, § 22 - TRANSFER PROCEDURES (IRP Plan section 435, section 440)
1. When an apportioned vehicle is withdrawn
from a fleet during a registration year, the amount of the apportionable fee
paid for the vehicle for the remaining portion of the registration year may be
transferred to the registration of a replacement vehicle in the same fleet. A
vehicle must be sold, destroyed, junked, stolen, or otherwise completely
removed from the fleet to be considered withdrawn.
2. The registrant will be required to pay any
assessed excise tax on the replacement vehicle prior to the issuance of any
credential for the replacement vehicle.
3. The transfer fee is eight dollars ($8.00),
and any weight increases will be charged according to the fee
schedules.
4. Some member
jurisdictions may require additional registration fees based on the age and
value of the replacement vehicle.
5. If the plate from the withdrawn vehicle is
still in displayable condition and in the registrant's possession, the plate
will be reassigned to the replacement vehicle.
6. If the plate from the withdrawn vehicle is
not in displayable condition or not in the registrant's possession, the
registrant must either return the plate or certify that the plate has been
destroyed, lost, or stolen. The registrant will be issued a new
plate.
7. A new cab card will be
issued for a five dollar ($5.00) fee.
Notes
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