61-3-203. Fee for original certificate of ownership and transfer of registration -- disposition. (1) Except as provided in subsection (2), a charge of $5 must be made for issuance of an original certificate of ownership of title and for a transfer of registration, which must be collected by the county treasurer. The fees must be distributed as follows:
     (a) The amount of $3.50 of each fee must be remitted to the department by the county treasurer, as provided in 15-1-504, for each application for original certificate of ownership or transfer of registration.
     (b) Each March, the county commissioners of each county shall divide the fees retained by the county to:
     (i) the city road fund of each city and town within the county based on the number of motor vehicles registered inside the corporate limits of each city or town; and
     (ii) the county road fund based on the number of motor vehicles registered outside the corporate limits of cities and towns.
     (2) Upon transfer of any interest in a used motor vehicle by a dealer, broker, or wholesaler as provided in 61-4-111(1), a charge of $5 must be paid to the department.

     History: En. Subd. 5, Sec. 2, Ch. 159, L. 1933; re-en. Sec. 1758.4, R.C.M. 1935; amd. Sec. 8, Ch. 72, L. 1937; amd. Sec. 27, Ch. 121, L. 1965; amd. Sec. 2, Ch. 41, L. 1975; R.C.M. 1947, 53-112; amd. Sec. 1, Ch. 503, L. 1985; amd. Sec. 2, Ch. 361, L. 1987; amd. Sec. 1, Ch. 378, L. 1987; amd. Sec. 7, Ch. 535, L. 1989; amd. Sec. 1, Ch. 342, L. 1995.