Sec. 4. (a) Except as provided in subsection (b), a vehicle:
(1) becomes subject to registration under this article:
(A) on the date the vehicle is acquired; or
(B) for a vehicle owned by a person described in IC 9-18.1-2-7, on the earlier of:
(i) sixty (60) days after the person becomes an Indiana resident; or
(ii) the date on which the person registers the vehicle under this article; and
(2) remains subject to continuous registration under this article until:
(A) the vehicle is sold or otherwise disposed of; or
(B) the person that registered the vehicle becomes a nonresident.
(b) A person is not required to register a vehicle under this article if the person submits an affidavit demonstrating that the vehicle will not be used upon a highway for a period of at least ninety (90) consecutive days.
(c) A vehicle described in subsection (b) becomes subject to registration on the date on which the vehicle is used upon a highway.