(a) The owner of or person having a lien or encumbrance upon a registered vehicle which has been stolen or embezzled may notify the Office of Motor Vehicle of the theft or embezzlement, but in the event of an embezzlement, may make a report only after having procured the issuance of a warrant for the arrest of the person charged with the embezzlement.
(b) Every owner or other person who has given any such notice must notify the office of a recovery of the vehicle.
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