Acceptance of Prior Record of Title

(a)Upon application for registration of a vehicle previously registered outside Guam the Department of Revenue and Taxation shall grant full faith and credit to the currently valid certificate of title describing such vehicle, the ownership thereof and any liens noted thereon, issued by the state or territory in which the vehicle was last registered.

(b)The acceptance by the Department of Revenue and Taxation of a certificate of title issued by a state or territory as provided in Subsection (a), in the absence of knowledge by the Department that any such certificate is forged, fraudulent or void, shall be a sufficient determination of the genuineness and regularity of such certificate and of the truth of the recitals therein, and no liability shall be incurred by any officer or employee of the Department by reason of so accepting any such certificate of title.

(c)In the event a certificate of title issued by a state or other territory shows any lien or encumbrance upon the vehicle therein described, then the Department of Revenue and Taxation upon registering such vehicle in Guam and upon issuing a certificate of ownership shall include therein the name of such lien holder as legal owner unless documents submitted with the foreign certificate of title establish that the lien and encumbrance have been fully satisfied.

(d)In the event application is made in Guam for registration of a vehicle from a state or territory which issues only a registration card and does not issue a certificate of title and in the event the Department of Revenue and Taxation is not satisfied as to the owner of the vehicle or the existence of foreign liens thereon, then the Department may register the vehicle and issue a registration card of a distinctive type and license plates but shall withhold issuance of a Guam certificate of ownership unless and until the applicant shall CH. 7 VEHICLE LICENSE AND REGISTRATION present such documents as to reasonably satisfy the Department of the applicant’s ownership of the vehicle and as to any liens thereon.