41-1a-706. When division to transfer and issue new certificate.
The division shall reregister a vehicle in the name of the new owner and issue a new certificate of registration and a new certificate of title:
(1) upon receipt of the: properly endorsed certificate of title; certificate of registration; proper application for registration; and required fee; and
(2) when satisfied as to the genuineness and regularity of the transfer and the right of the transferee to a certificate of title.