Unannotated Code of Maryland (Last Updated: May 16, 2014) |
TRANSPORTATION |
TITLE 13. VEHICLE LAWS -- CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES |
SUBTITLE 5. TRANSFER OF REGISTRATION |
§ 13-503.2. Transfer as result of reorganization making vehicle exempt from excise tax.
Latest version.
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If the title or interest of an owner in a vehicle is transferred as a result of a reorganization such that the vehicle is exempt from the excise tax under the provisions of § 13-810(c)(8) of this title, the transferee may continue to use the same registration plates after the transfer. In all other respects the transfer shall be treated the same way as any other transfer by a private owner of a registered vehicle.