BLRD – 1 March 2013
Vehicle Dealer Inventory Loan Notice
MCL 257.235b (1) permits the listed vehicle inventory lender to retain in its possession the certificate of title for a vehicle that is subject to an inventory loan. The used vehicle inventory
lender is required to release the title to the vehicle dealer in not more than 2 banking business days when at least one of the conditions in MCL 257. 235b (2) is met.
This vehicle, VIN Number: ________________ is subject to an inventory loan by the following
inventory lender:
Vehicle Inventory Lender Contact Information
___________________________________________________________________ VEHICLE INVENTORY LENDER NAME
_____________________________________________________ ADDRESS
__________________________________________________________________________ CITY COUNTY STATE ZIP
_________________________________ TELEPHONE NUMBER
____________________________________ INTERNET ADDRESS
Notice: The purchaser of this vehicle must sign this vehicle’s title. The selling dealer or their agent cannot sign the purchaser’s name or as an agent of the purchaser.
____________________ DEALER NUMBER
____________________________________ PURCHASER SIGNATURE AND DATE
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