Indiana Code Title 9. Motor Vehicles § 9-25-7-2

Sec. 2. (a) This section does not apply to or affect the registration of a motor vehicle sold by a person who, under the terms or conditions of a written instrument giving a right of repossession, has exercised the right and has repossessed a motor vehicle from a person whose certificate of registration has been suspended under this article.

(b) If an owner's registration has been suspended under this article, the registration may not be transferred or the motor vehicle registered in another name until the bureau is satisfied that the transfer or registration is proposed in good faith and not for the purpose or with the effect of defeating the purposes of this article.  A transfer or registration shall be permitted when the transferee furnishes proof of financial responsibility to the bureau.

(c) A transfer or registration made or obtained in violation of this section is void for the purposes of this article.