Tuesday, November 4, 2008

39:3-18. General registration; plates; manufacturers; dealers; persons financing or loaning money on motor vehicles; violation of section; fine.

A manufacturer of motor vehicles, motor-drawn vehicles, motor vehicle bodies, motorized bicycles or motorcycles doing business in this state may, with regard to motor or motor-drawn vehicles, motorized bicycles or motorcycles owned or controlled by him, obtain general registration and registration places therefor of the style and kind provided for in this subtitle, with the letter "D" stated thereon. Such plates can be placed on any vehicle or cycle owned or controlled by such manufacturer, but only if it is operated only for shop, demonstration or delivery purposes.
Any person engaged in the business of financing the purchase of motor or motor-drawn vehicles or motorized bicycles or lending money thereon may, with regard to motor vehicles or motorized bicycles owned or controlled by him obtaining general registration and registration plates therefor of the style and kind provided for in this subtitle, with the word "temporary" stated thereon. Such plates can be placed on any such vehicle only when it is being transported from he place where it has been kept by the purchaser or borrower to the place where it is to be kept by the repossessor, or when the repossessor desires to operate it for the purpose of demonstration for sale.
The annual fee for the issuance of a certificate of registration, four duplicates thereof and one set of five single "D" or "temporary" plates bearing a number corresponding to the number on the certificate of registration shall be $100.00; but the annual fee for the issuance of a certificate of registration for motorcycles or motorized bicycles, two duplicates thereof and one set of three single "D" plates bearing a number on the certificate of registration shall be $20.00.
For information on points go to www.njlaws.com.

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