§ 580.9 Odometer record retention for auction companies.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
Each auction company shall establish and retain in physical or electronic format at its primary place of business in an order appropriate to business requirements and that permits systematic retrieval, for five years following the date of sale of each motor vehicle, the following records:
(a) The name of the most recent owner (other than the auction company);
(b) The name of the transferee;
(c) The vehicle identification number; and
(d) The odometer reading on the date which the auction company took possession of the motor vehicle.
[53 FR 29476, Aug. 5, 1988, as amended at 84 FR 52702, Oct. 2, 2019]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.