A secured party that releases a security interest in a snowmobile or ATV shall mail or deliver the certificate of title to the owner with a statement of release signed by the secured party, or the secured party may apply to the department for a corrected certificate of title to be issued in the name of the owner. Upon receipt of the certificate of title and statement of release, the department shall issue a corrected certificate of title without an indorsement of such secured party and mail the same to the holder of the first remaining security interest or, if there is no remaining secured party, the owner.
75 Pa.C.S. § 7712.10
Release of security interest
Known as the Snowmobile and All-Terrain Vehicle Law
The act spans §§ 75-7701 to 75-7753 (47 sections).
(June 8, 2001, P.L.123, No.18, eff
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.