158. No person may offer for sale or sell a road vehicle in a fair or market, or at an auction or at a public sale other than that effected under the authority of the law, unless he has:
(1) deposited security with the Société in the amount determined by the Minister of Transport, for the purpose of guaranteeing to the buyer that he is the owner of the vehicle, and also of guaranteeing to the owner of a stolen vehicle, sold by such person, reimbursement of the price the owner has paid to any buyer of the vehicle in order to recover possession thereof by way of revendication as stolen property; and
(2) obtained from the Société a permit for the public sale of such vehicle, issued upon payment of the fee and compliance with the conditions and formalities established by regulation.
In the case referred to in subparagraph 1 of the first paragraph, the owner is entitled to claim in his own name, from the seller and from his surety, the price he has paid to the buyer.
1986, c. 91, s. 158; 1987, c. 94, s. 24; 1990, c. 19, s. 11.