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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A registered or legal owner of a vehicle in the possession of a person holding a lien under the provisions of this chapter may release any interest in the vehicle after the lien has attached.
(2) The release shall contain the following information:
(a) A description of the vehicle, including the year and make, the engine or vehicle identification number, and the license number;
(b) The names and addresses of the registered and legal owners of record;
(c) A statement of the amount of the lien and the facts concerning the claim which give rise to the lien; and
(d) A statement that the person releasing the interest understands that he has a legal right to a hearing in court prior to the sale of the vehicle and that he waives the right to contest the claim.
(3) A copy of the release shall be filed with the department in connection with the transfer of interest in a vehicle under the provisions of this section.
Cite this article: FindLaw.com - Idaho Statutes Title 49. Motor Vehicles § 49-1706. Release of owner's interest in vehicle - last updated January 01, 2024 | https://codes.findlaw.com/id/title-49-motor-vehicles/id-st-sect-49-1706/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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