(a) The Bureau of Motor Vehicles shall file each application received and, when satisfied as to its genuineness and regularity and that the applicant is entitled to the issuance of a certificate of title, shall issue a certificate of title for the vehicle.
(b) The Bureau of Motor Vehicles shall maintain a record of all certificates of title issued and cancelled by it:
1. Under a distinctive title number assigned to the vehicle;
2. Under the identifying number of the vehicle;
3. Alphabetically, under the name of the owner; and, in the discretion of the Bureau of Motor Vehicles, in any other method it determines.
(c) The Bureau of Motor Vehicles shall create a procedure which is in conformity with the “Replacement Vehicle Identification Number System” of the Vehicle Equipment Safety Commission for the assignment of vehicle identification numbers for specially constructed and reconstructed vehicles as well as for the replacement of vehicle identification numbers or other identifying numbers for vehicles or vehicle parts which are missing or defaced.