CHAPTER 74

FORMERLY

SENATE BILL NO. 127

AN ACT TO AMEND CHAPTER 25 OF TITLE 21 OF THE DELAWARE CODE RELATING TO APPLICATION FOR CERTIFICATE OF TITLE AND LATE FEE.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (three-fifths of all members elected to each House thereof concurring therein):

Section 1. Amend Subsection 2503(a), Chapter 25, Title 21, Delaware Code by adding at the beginning of said subsection the following:

"The transferee of a Delaware registered vehicle shall make application for a new certificate of title Immediately following purchase, but in no case more than 30 days after purchase of said vehicle. If due to extraordinary circumstances the purchaser is unable to apply for a certificate of title within 30 days of the purchase date, the Director, in the Director's discretion and for good cause shown, may grant an extension of time within which the purchaser must do so."

Section 2. Amend Subsection 2508, Chapter 25, Title 21, Delaware Code by adding at the end of said section the following:

"A $25.00 penalty fee shall be charged for the issuance of a new certificate of title on a Delaware titled vehicle when the application is received more than 30 days after the transfer date of said vehicle. The penalty fee shall be waived if the Director has granted an extension of time within which to apply for a certificate of title in accordance with Subsection 2503(a) of this title."

Approved July 2, 1993.