Sec.14-63-47. Disclosure of security interest

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As used in Sections 14-63-47 through 14-63-49, the term "lien" refers to any security interest, lien or other encumbrance on the title to a motor vehicle, duly recorded and shown on the certificate of title, in accordance with Sections 14-165 through 14-195 of the Connecticut General Statutes, as amended. If a licensed dealer has in its possession a used motor vehicle showing on its title the existence of any lien, such dealer shall, prior to sale of such vehicle to a purchaser for value, fully disclose the existence of such lien to the purchaser.

(Effective July 25, 1994)

                    
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