New Hampshire Revised Statutes

N.H. Rev. Stat. Ann. § 261:15 (2026)

Resale by a Dealer

✓ current as of May 2026
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    261:15 Resale by a Dealer. – If a dealer buys a vehicle and holds it for resale and procures the certificate of title from the owner or the lienholder within 10 days after delivery of the vehicle, the dealer need not send the certificate to the department but, upon transferring the vehicle to another person other than by the creation of a security interest, shall promptly execute the assignment and warranty of title by a dealer, or if a franchised vehicle dealer an acceptable form proving assignment approved by the director, or if the title is held by a finance source show a copy of the title pending the original, and execute an acceptable form approved by the director proving assignment, showing the names and addresses of the transferee and of any lienholder holding a security interest created or reserved at the time of the resale and the date of the security agreement, in the spaces provided therefor on the certificate or as the director prescribes, and mail or deliver the certificate to the department with the transferee's application for a new certificate.

Source. RSA 269-A:16. 1967, 357:1. 1981, 146:1, eff. Jan. 1, 1982. 2015, 198:2, eff. Sept. 4, 2015.

Notes of Decisions
Cited in 2 cases, 1986–1987 · leading case: Dartmouth Motor Sales, Inc. v. Wilcox, 517 A.2d 804 (N.H. 1986).
Dartmouth Motor Sales, Inc. v. Wilcox, 517 A.2d 804 (N.H. 1986). · cites it 3× “The statute also provides that “[ejxcept as provided in RSA 261:15 and as between the parties, a transfer by an owner is not effective until the provisions of this section and RSA 261:19 [relating to fees] have been complied with.”
Ellis v. Royal Ins., 530 A.2d 303 (N.H. 1987). “Applicability of RSA 261:15,1, to the Royal Policy Royal argues that, even if this court holds that New Hampshire choice-of-law rules require the application of substantive New Hampshire law to this case, the statute at issue, RSA 264:15, is not applicable by its terms.”
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