29-A §955. Change in status of dealership
§955. Change in status of dealership 1. Termination of new vehicle dealership. A new vehicle dealer whose franchise is terminated or changed shall immediately surrender the dealer plates and license to the Secretary of State. If business is to be continued, the Secretary of State shall issue the appropriate class of plates. [PL 1993, […]
29-A §956. Record of transactions
§956. Record of transactions 1. Record of vehicles. A dealer shall complete and maintain for a period of not less than 5 years after the date of transaction a record of the purchase or sale of a vehicle and the following: A. A description of the vehicle, including make, model, model year, body type, […]
29-A §957. Licensing of locations other than primary facilities
§957. Licensing of locations other than primary facilities 1. Annex license. The Secretary of State may issue to a dealer a license to operate an annex facility. An annex facility must be an established place of business, except that books and records may be kept at the dealer’s primary location. An annex facility must meet […]
29-A §1001. Display and content of license
§1001. Display and content of license 1. Specify place of business. A dealer license must specify the location of each place of business occupied by the licensee in conducting business. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] 2. Specify vehicle types. A dealer license must […]
29-A §1002. Vehicle and equipment dealer plates
§1002. Vehicle and equipment dealer plates 1. Limitations on use. A person using a dealer plate may not operate a vehicle owned or controlled by a manufacturer or dealer except for: A. Purposes directly connected with the business of buying, selling, testing, adjusting, servicing, demonstrating or exchanging the vehicle, including use of that vehicle […]
29-A §1003. Loaner registration certificate and plates
§1003. Loaner registration certificate and plates 1. Application for certificate and plates. A dealer or an owner of a body shop, transmission shop or garage may apply for a loaner license and plates. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] 2. Permissible use. A loaner […]
29-A §1004. Transit placard
§1004. Transit placard 1. Issuance of transit placard. The Secretary of State may issue a transit placard upon application by any person involved in the business of importing new motor vehicles. The transit placard is to be used to facilitate the movement over the highway of the motor vehicles from the port of entry to […]
29-A §1051. Vehicle auction business license
§1051. Vehicle auction business license 1. License. A person may not engage in the business of auctioning vehicles without first being issued a vehicle auction business license. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] 2. Conditions for license. A vehicle auction business license may be […]
29-A §1052. Record of transactions by vehicle auction business
§1052. Record of transactions by vehicle auction business 1. Record of sale. A vehicle auction business must complete a record for each sale of a vehicle. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] 2. Contents of record. The record of sale must include the following: […]
29-A §1101. Recycler license required
§1101. Recycler license required 1. Recycler. “Recycler” means a person engaged in the business of purchasing or acquiring in any manner vehicles or vehicle parts for the purpose of: A. Reselling the vehicle as salvage or scrap; [PL 2021, c. 216, §32 (AMD).] B. Rebuilding or repairing salvage vehicles for the purpose of […]