(a) Any owner dismantling or wrecking any registered vehicle shall immediately forward to the department the certificate of title issued to the owner for the vehicle, but may retain the certificate of registration and registration plates for the purpose of transferring the certificate of registration and registration plates to any other motor vehicle as provided in § 55-4-101.
(b) Any person, who has rebuilt a motor vehicle for which the certificate of title or other ownership documents have been surrendered and a salvage title, flood title, or nonrepairable vehicle certificate has been issued in accordance with the rules promulgated by the department, prior to the sale of the vehicle to another, shall make application to the local county clerk or directly to the department for a new certificate of title. The application for certificate of title shall be supported by the salvage title and evidence of ownership and reconstruction satisfactory to the commissioner. The person rebuilding or having a motor vehicle rebuilt may apply for a certificate of title.
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