more sb100 questions

[bingo2]

I posted this in another SB100 related thread:

There is a little known division within the DMV in California, the Involuntary Transfer Division. Guess what they do. They review all suspicious registrations and title transfers occurring in the State of California. About sixty days after the registration has taken place they receive the microfilm records (old technology) from the field offices and a report from their database containing the “flagged” records. Among those flagged records is anything relating to the transfer or registration, including the reported purchase price, of a Cobra like vehicle or kit car. There is an internal DMV memo that specifically addresses the Cobra registration and transfer process. As often happens in large companies and State agencies, not all field office employees are up to speed on the policies and procedures and you may get lucky and get your transfer and registration past the field office employee but, there is a very good chance the ITD will, at some point in the future, come knocking on your door with the bad news: your registration is invalid and your title will be recalled.

Will you get caught, maybe, maybe not? I didn’t want to be the one that tests the “good faith and credit” or the “bone fide purchaser” positions in court, although I still think they have merit.

The SB 100 process is relatively painless and as Got The Bug (Doug) suggested, why not do it.