§ 405-e. Effect of issuance. 1. Any vehicle for which a registration has been validly issued by another jurisdiction which is a member of any agreement entered into pursuant to the authority granted in section four hundred five of this article and for which a cab card which indicates that operation in this state is permitted under the agreement has been validly issued, shall be deemed for the purposes of article fourteen of this chapter to be registered in accordance with the provisions of this article, provided a proper number plate or plates is or are affixed to the vehicle and the cab card is carried in such vehicle and is displayed upon the lawful request of a police officer or peace officer acting pursuant to his special duties.

2. Any vehicle for which a trip permit which indicates that operation in this state is permitted has been validly issued under such agreement shall be deemed for the purposes of article fourteen of this chapter to be registered in accordance with the provisions of that article, provided a number plate or plates is or are affixed to the vehicle and such trip permit is carried in or on the vehicle and is displayed upon the lawful request of a police officer or peace officer acting pursuant to his special duties.

3. Notwithstanding the provisions of subdivisions one and two of this section, a vehicle owned by a non-resident of this state shall not be deemed to be required to be registered in this state for the purposes of article forty-six of this chapter, the uniform vehicle certificate of title act.