BLRD – 1 March 2013

Vehicle Dealer Inventory Loan Notice

MCL 257.235b (1) permits the listed vehicle inventory lender to retain in its possession the certificate of title for a vehicle that is subject to an inventory loan. The used vehicle inventory

lender is required to release the title to the vehicle dealer in not more than 2 banking business days when at least one of the conditions in MCL 257. 235b (2) is met.

This vehicle, VIN Number: ________________ is subject to an inventory loan by the following

inventory lender:

Vehicle Inventory Lender Contact Information

___________________________________________________________________ VEHICLE INVENTORY LENDER NAME

_____________________________________________________ ADDRESS

__________________________________________________________________________ CITY COUNTY STATE ZIP

_________________________________ TELEPHONE NUMBER

____________________________________ INTERNET ADDRESS

Notice: The purchaser of this vehicle must sign this vehicle’s title. The selling dealer or their agent cannot sign the purchaser’s name or as an agent of the purchaser.

____________________ DEALER NUMBER

____________________________________ PURCHASER SIGNATURE AND DATE