Pennsylvania certificate of title.--If an owner creates a
security interest in a snowmobile, modified golf cart or ATV for
which a certificate of title has not been issued by the
department, the owner shall, at the request of the secured
party, promptly execute an application for a certificate of
title on a form prescribed by the department showing the name
and address of the secured party. The owner shall tender the
application, the existing certificate of title, if any, and the
required fee to the department. A security interest in a
snowmobile, modified golf cart or ATV is perfected at the time
that such application, existing certificate of title, if any,
and required fee are received by the department.
(c) Snowmobiles, modified golf carts or ATV's with
Pennsylvania certificate of title.--If an owner creates a
security interest in a snowmobile, modified golf cart or ATV for
which a certificate of title has been issued by the department,
the owner shall, at the request of the secured party, promptly
execute an application on a form prescribed by the department
showing the name and address of the secured party. The owner
shall tender the certificate of title, together with the
application and the required fee, to the department. A security
interest in a snowmobile, modified golf cart or ATV is perfected
at the time such application, certificate of title and required
fee are received by the department.
* * *
§ 7712.9. Satisfaction of security interest.
(a) Satisfaction of secured obligation.--Unless otherwise
agreed by the owner, within 15 days of the satisfaction of the
obligation secured by a security interest in a snowmobile,
modified golf cart or ATV, the secured party shall mail or
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