Kentucky Change of Operator

State:
Multi-State
Control #:
US-OG-697
Format:
Word; 
Rich Text
Instant download

Description

This form allows any Non-Operator, once each calendar year, to assume the position of Operator, proveded the Non-Operator owns a a mandated percent of the contract area. The Non-Operator shall be bound for one (1) year to operate at its proposed savings.

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FAQ

The Title and VTR may be completed and notarized outside the County Clerk's Office. In such cases anyone may bring the paperwork in for processing. If the buyer or seller's signature is notarized by the County Clerk's Office, the person must appear in person with a valid Kentucky I.D.

To change your registered agent in Kentucky, you must complete and file a Statement of Change of Registered Agent form with the Kentucky Secretary of State. The Kentucky Statement of Change of Registered Agent must be submitted by mail, in person, or online and costs $10 to file.

If your LLC has an OA, then all you need to do to transfer your LLC ownership in Kentucky is to follow the transfer and sale provisions detailed in that OA. If your LLC doesn't have an OA, then you're required to follow the default process outlined by Kentucky state law.

You can give your car to your child or charity by completing the assignment on the back of the title and have the transaction notarized at the clerk's office. Make sure to write down, ?Gift,? in the purchase price section. Property taxes will still be assessed based on the current book value of the car.

??????TRANSFERRING OWNERSHIP???? The buyer takes the signed title, proof of Kentucky Insurance, proof of Identification, and money for fees and applicable taxes to their local County Clerk's office for transfer. Older Titles before 2000 may require a completed TC96-182? to complete the transfer process.

Fees: Title fee:$ 17.00Clerk fee:$ 6.00Plate fee:$ 21.00 annual registrationLien filing fee if applicable:$ 22.00Late lien filing penalty if applicable:$ 2.001 more row

A Kentucky car title transfer consists of two stages. The buyer and seller meet in person, with a notary public. The buyer pays the seller. All three parties (buyer, seller, and notary) fill out and sign the physical title certificate.

??????TRANSFERRING OWNERSHIP???? The buyer takes the signed title, proof of Kentucky Insurance, proof of Identification, and money for fees and applicable taxes to their local County Clerk's office for transfer. Older Titles before 2000 may require a completed TC96-182? to complete the transfer process.

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Kentucky Change of Operator