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Interpretation ID: nht76-5.40

DATE: 03/03/76

FROM: AUTHOR UNAVAILABLE; John Womack; NHTSA

TO: Joseph S. Russo

TITLE: FMVSR INTERPRETATION

TEXT: This is in response to your letter of January 29, 1976, requesting an opinion as to whether documents enclosed with your correspondence would satisfy the requirements of the disclosure provisions contained in Section 408 of the Motor Vehicle Information and Cost Savings Act (Pub. L. 92-513) and 49 CFR Part 580.

It appears that both documents contain all of the information necessary to comply with the odometer disclosure requirements.

SINCERELY,

LAW OFFICE OF JOSEPH S. RUSSO

January 29, 1976

Department of Transportation

Enclosed herewith are documents we propose to supply our clients for their use in transferring titles to motor vehicles.

Please advise this office as to whether or not these documents are in compliance with the Motor Vehicle Information and Cost Saving Act Public Law 92-513 86 Stat. 947 (15 USC 1988 and 49 CFR 580.1).

This additional information on the forms is required by LSA-R.S. 32:726.1 of the Statutes of Louisiana.

Joseph S. Russo

STATE OF LOUISIANA

PARISH OF JEFFERSON

BEFORE ME, the undersigned authority, personally came and appeared who, after being duly sworn, deposed that he donates the automobile described below to to whom he has already transferred possession thereof. The approximate value of this vehicle is .

Odometer Mileage Statement (Federal Law Requirement)

(Federal regulations require you to state the odometer mileage upon transfer of ownership. An inaccurate statement may make you liable for damages to your transferee, pursuant to Section 409(a) of the Motor Vehicle Information and Cost Savings Act of 1972, Public Law 92-513.)

I, , state that the odometer mileage indicated on the vehicle described below is miles.

(Check the following statement, if applicable:)

[] I further state that the actual mileage differs from the odometer reading for reasons other than odometer calibration error and that the actual mileage is unknown. MAKE BODY TYPE YEAR MODEL VEHICLE IDENTIFICATION NUMBER LAST PLATE NUMBER

Transferor's address:

Transferor's signature:

Date of this statement:

Odometer Mileage Statement (State Law Requirement)

To the best knowledge and belief of transferor, the odometer mileage given above is the true mileage, unless otherwise indicated above. If otherwise indicated above, the true mileage to transferor's best knowledge and belief is .

Transferor

THUS DONE in my office on the day of 19 , in the presence of the undersigned competent witnesses and me, Notary.

EXECUTED IN DUPLICATE. WITNESSES:

NOTRAY PUBLIC

BILL OF SALE

I, , do hereby sell and convey unto the following described automobile for the price of :

Odometer Mileage Statement (Federal Law Requirement)

(Federal regulations require you to state the odometer mileage upon transfer of ownership. An inaccurate statement may make you liable for damages to your transferee, pursuant to Section 409(a) of the Motor Vehicle Information and Cost Savings Act of 1972, Public Law 92-513.)

I, , state that the odometer mileage indicated on the vehicle described below is miles.

(Check the following statement, if applicable:)

[] I further state that the actual mileage differs from the odometer reading for reasons than odometer calibration error and that the actual mileage is unknown. MAKE BODY TYPE YEAR MODEL VEHICLE IDENTIFICATION NUMBER LAST PLATE NUMBER

Transferor's address: Transferor's signature:

Date of this statement:

Transferee's signature:

Odometer Mileage Statement (State Law Requirement)

To the best knowledge and belief of transferor, the odometer mileage given above is the true mileage, unless otherwise indicated above. If otherwise indicated above, the true mileage to transferor's best knowledge and belief is .

Transferor

Sworn to and subscribed before me this day of .

NOTARY PUBLIC