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The owner of a salvage motor vehicle may make an application for a salvage certificate of title before the sale or transfer of such motor vehicle. All subsequent purchasers or transferees of a salvage vehicle, other than transactions that are not subject to taxation pursuant to Colorado Revised Statute 39-26-104, must obtain a salvage certificate of title in the owner's name within 60 days from the date of purchase or transfer. Colorado Revised Statute 42-6-110
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If an insurance company acquires a motor vehicle that has been defined as "salvage" in accordance with Colorado Revised Statute 42-6-102(17)(a) the insurance company must apply for a salvage certificate of title in accordance with Colorado Revised Statute 42-6-136(2), before transferring ownership of the vehicle.
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