Transfer of vehicle after suspension of registration--Security interests unaffected--Suspension of unauthorized reregistration

If an owner's registration has been suspended under this chapter, the Department of Revenue shall allow an owner to transfer a vehicle's registration to another person in the ordinary course of business or to a co-owner, as evidenced by the title, if the co-owner can provide written evidence of financial responsibility in the form provided by §§ 32-35-113 and