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New Jersey Statutes, Title: 39, MOTOR VEHICLES AND TRAFFIC REGULATION
Chapter 3: Certain vehicles excepted from chapter
Section: 39:3-40.4: Sale, transfer of motor vehicle subject to registration restrictions
5. A motor vehicle subject to the registration restrictions set forth in sections 2 and 3 of P.L.1995, c.286 (C.39:3-40.1 and C.39:3-40.2) may not be sold or its ownership transferred; and the Division of Motor Vehicles shall not issue a certificate of registration for that vehicle; during the period in which those restrictions remain in effect unless that motor vehicle is sold or transferred for a fair market value.
L.1995,c.286,s.5.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 39:3-40.4 (if available):
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