OK,,,so the FIRST time a newly built "Cobra" (SPF or whatever) comes up for registration it can be done under SB100 (500 cars a year).
Year of "model" is determined by APPEARANCE of MOTOR or APPEARANCE of the CAR in general, as determined by the BAR guy. Therefore does NOT have to be a 1966-XX actual year motor, except for appearance.
So now you got your car registered, cool. SO you gonna sell it, but NOW it is a COMPLETED CAR, it no longer qualifies under SB100 rules. The registration CANNOT be transferred to a new owner. The new owner cannot apply under SB100.
Looks to me like: You get ONE chance to license your "Cobra" in Calif., you can check in, but you can never leave. The car cannot be sold in Calif. again.
Of course people ARE re-selling their "Cobras" there, I'm not sure HOW they do that. But if it's totally legal, it isn't being done under SB100.
Did I get this right????
Ernie