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168A.01, 2011 Minnesota Statutes Page 2 of 3 <br />Subd. 10. Manufacturer. "Manufacturer" means every person engaged in the business of constructing or <br />assembling vehicles of a type for which a certificate of title is required hereunder. <br />Subd. 11. Manufacturer's or importer's certificate of origin. "Manufacturer's or importer's certificate r° <br />origin" means a certificate over the authorized signature of the manufacturer or importer of a vehicle, descri, <br />and identifying the vehicle, giving the name and address of the person to whom the vehicle is first sold by the <br />manufacturer or importer, and containing assignments, duly executed, assigning the same to an applicant for a <br />certificate of title on the vehicle in this state. <br />Subd. 12. Nonresident. "Nonresident" means every person who is not a resident of this state. <br />Subd. 12a. Older model vehicle. "Older model vehicle" means a vehicle manufactured in the sixth model <br />year immediately preceding the current model year or earlier that is not a high -value vehicle. <br />Subd. 13. Owner. "Owner" means a person, other than a secured party, having the property in or title to a <br />vehicle. The term includes a person entitled to the use and possession of a vehicle subject to a security interest in <br />another person, but excludes a lessee under a lease not intended as security. <br />Subd. 14. Person. "Person" means an individual, firm, copartnership, association, corporation, or <br />governmental organization. <br />Subd. 15. Previously registered vehicle. "Previously registered vehicle" means a vehicle registered in this <br />state on October 1, 1972 or a vehicle whose last registration before October 1, 1972 was in this state. <br />Subd. 16. Reconstructed vehicle. "Reconstructed vehicle" means a vehicle of a type for which a certificate <br />of title is required hereunder materially altered from its original construction by the removal, addition, or <br />substitution of essential parts, new or used. <br />Subd. 17. Registration. "Registration" means the registration certificate or certificates and registration <br />plates issued under the laws of this state pertaining to the registration of vehicles. <br />Subd. I7a. Salvage; title. "1 Salvage ; title" means a certificate of title that is issued to a vehicle declared u <br />repairable total loss vehicle under section 168A.151 and includes an existing certificate of title that has been <br />...................... <br />stamped with the legend " salvage certificate of title" in accordance with section 168A.151. <br />Subd. 17b. Salvage vehicle. ";Salvage vehicle" means a vehicle that has a salvage: certificate of title. <br />Subd. 17e. Secure reassignment. "Secure reassignment" means a separate form that (1) may be used by a <br />dealer to assign and warrant title to a vehicle; (2) is prescribed by the department; and (3) contains security <br />features complying with the Motor Vehicle Information and Cost Savings Act, as amended, codified at United <br />States Code, title 49, chapter 327, and regulations of the United States Department of Transportation adopted <br />under that act. <br />Subd. 18. Secured party. "Secured party" means a secured party as defined in section 336.9- 102(a)(73) <br />having a security interest in a vehicle. <br />[See Note.] <br />Subd, 19. Security agreement. "Security agreement" means a security agreement as defined in section 336.S <br />- 102(a)(74). <br />[See Note.] <br />Subd. 20. Security interest. "Security interest" means a security interest as defined in section 336.1- 201(h) <br />(35). A security interest is "perfected" when it is valid against third parties generally, subject only to specific <br />statutory exception. <br />Subd. 21. Special mobile equipment. "Special mobile equipment" has the meaning given it in section <br />168.002. <br />Subd. 22. Specially constructed vehicle. "Specially constructed vehicle" means every vehicle of a type for <br />which a certificate of title is required hereunder not originally constructed under a distinctive name, make, <br />https: / /www. revisor .mn.gov /statutes / ?id= 168A.01& year = 211 &keyword_type = all &keyword = Salvage 10/1/2012 <br />