Sec. 78.50. Vehicles repurchased pursuant to the lemon law

(a) Upon the repurchase of a vehicle by its manufacturer or a dealer, pursuant to section 198-a (new car lemon law) or section 198-b (used car lemon law) of the General Business Law, or arbitration or alternative dispute procedure, the manufacturer or dealer shall mail a notice of such repurchase and the title to the vehicle to the New York State Department of Motor Vehicles, Title Bureau, Empire State Plaza, Albany, NY 12228 within five business days after the repurchase.

(b) The manufacturer or dealer must receive the title or transferrable registration from the owner as part of the repurchase of the vehicle.

(c) Any repurchase of a vehicle after an owner has filed, had accepted and paid all fees required for arbitration shall be deemed a repurchase pursuant to General Business Law, section 198-a or 198-b.