(a) At the time that any manufacturer or distributor transfers a new vehicle to a dealer, the manufacturer or distributor shall give the dealer a manufacturer’s certificate of origin for the vehicle.
(b) At the time that any dealer transfers a new vehicle to another dealer, the transferring dealer shall assign the manufacturer’s certificate of origin for the vehicle to the transferee.
(c) Unless each of the dealers has a franchise in this State for the particular make of a vehicle, a dealer may not transfer a new vehicle to another dealer.
(d) Unless each of the dealers has a franchise in this State for the particular make of a vehicle, a dealer may not accept a transfer of a new vehicle from another dealer.
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