§17A-6C-7. Licensing Period, Renewal and Expiration
(a) A license certificate may not be issued prior to July 1, 1993. Applicants shall apply at least thirty days in advance. License certificates expire on June 30 each year. (b) License certificates are renewable by the payment of fees by a licensee in good standing with the commissioner. A license certificate may not be […]
§17A-6C-8. Form and Display of License Certificate; Certified Copies of License
(a) The commissioner shall prescribe the form of the license certificate for an automobile auction business. Each license certificate shall have the seal of the division, the location of each place of business of the licensee, the year for which the license is issued, the serial number and other information the commissioner may prescribe printed […]
§17A-6C-9. Changes in Business; Action Required
Every automobile auction business shall notify the commissioner immediately when any of the following changes in the business occur: (a) A change of the location of any place of business; (b) A change of the name or trade name under which the licensee engages or will engage in the business; (c) The death of the […]
§17A-6C-1. License Certificate Required; Application Form; Prohibited Acts; Reassignment of Title; and Exemption From Privilege Tax
(a) A person, partnership or corporation may not engage in, represent or advertise that he she or it is in the business of conducting automobile auctions without first obtaining a license certificate from the office of the commissioner. The commissioner shall provide an application form for applicants seeking a license certificate. The applicant shall provide […]
§17A-6C-2. Bonds and Insurance
(a) An application for a license certificate must be accompanied by a bond, issued by a surety corporation authorized to issue bonds in this state, in the penal sum of $25,000, to ensure that the licensee will not make fraudulent representations to the detriment of any purchaser, seller, financial institution or the State of West […]
§17A-6C-3. Established Place of Business Requirements
Each automobile auction shall: (a) Be located at a permanent site which is owned or leased by the licensee. (b) Have no other class of dealership operating from the automobile auction location. (c) Have office space of at least one hundred forty-five square feet, with necessary office furniture, heating and lighting facilities, restroom facilities and […]
§17A-6C-4. Fee Required for License Certificate
(a) The initial application fee for a certificate to engage in the automobile auction business is $250. The renewal fee is $100. (b) The fee entitles the licensee to one special plate known as the Class AA special plate. (c) A licensee is also entitled to additional Class AA special plates for a fee of […]