[§286-44.5]  Salvage certificate.  (a) 
An application for a salvage certificate shall be accompanied by a fee in an
amount determined by the director of finance and shall contain:



(1)  The name and address of the applicant;



(2)  A description of the vehicle being salvaged; and



(3)  Any further information reasonably required by
the director of finance.



(b)  A salvage certificate shall authorize the
holder of the certificate to possess, transport but not drive upon a highway,
and transfer ownership in a salvage vehicle.



(c)  A salvage certificate shall contain the
word "salvage" on the face of the certificate and shall be made upon
forms prescribed by the director of finance. [L 1984, c 276, §1]