NYC Rules of the City of New York
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RCNY § 65-13
Reissued Medallions are Medallions that meet the following criteria: (a) The original owner's Medallion Taxicab License has been revoked; (b) The original owner failed to sell or otherwise legally dispose of the Medallion; and (c) The Medallion was repossessed by the Commission and subsequently re-issued for sale to a new owner.
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