| | | 5. Stored vehicles. The Secretary of State, upon receipt of | | the notice of cancellation, termination or lapse required in | | subsection 1, paragraph B, may cancel the owner's registration | | certificate and plates for a stored vehicle. The Secretary of | | State may not reinstate the registration certificate and plates | | until the owner provides evidence of insurance to the Secretary | | of State or until the Secretary of State receives notice of new | | insurance coverage as required in subsection 1, paragraph A. For | | the purposes of this subsection, "stored vehicle" means a motor | | vehicle that the Secretary of State determines is stored and not | | operated for a period of at least 3 consecutive months per year. | | The Secretary of State may not, upon cancellation, refund any | | portion of the registration fee. |
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| | | 6. Reconciliation period. Upon receipt of notice under | | subsection 1, paragraph B, the Secretary of State has a 15-day | | period in which to reconcile the cancellation, termination or | | lapse with the evidence of insurance for reinstatement of | | coverage or new coverage received pursuant to subsection 1, | | paragraph A. If no reconciliation is made, the Secretary of State | | shall send a notification of registration suspension pursuant to | | subsection 4. |
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| | | 7. Evidence of insurance. An insurance company or | | person may submit evidence of insurance to the Secretary of | | State. The Secretary of State shall accept evidence of insurance | | from an insured person for reinstatement of coverage or new | | coverage by any of the following means: |
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| | | A. Electronic transmittal; |
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| | | E. Proof of insurance presented at an office of the Bureau | | of Motor Vehicles. |
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| | | 8. Fleet insured with commercial automobile coverage. A | | company insuring a fleet of 3 or more vehicles with commercial | | fleet automobile coverage is exempt from the requirements of this | | section with respect to that fleet. |
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| | | For the purposes of this subsection, "commercial automobile | | coverage" means any coverage provided to an insured, regardless | | of number of vehicles or entity covered, under a commercial | | automobile, garage or truckers coverage form and rated according |
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