![]() ![]() Interest is at a rate of 1 percent or $5, whichever is greater, for the first month and 1 percent per month thereafter on any application made after 45 days from the date of purchase. All fees are assessed from the purchase date regardless of when an applicant applies for title and registration. Interest and penalties will accrue on the motor vehicle excise tax. There is not a provision for extensions on the 45 day requirement. All vehicles acquired prior to Jmust have been titled and registered within 30 days of the purchase date.
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