§901. Application 1. Application. A dealer shall apply for a license by filing with the Secretary of State an application in the form prescribed by the Secretary of State and by paying the necessary fee. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] 2. Contents. An […]
§902. Action on application for dealer license The Secretary of State shall act on an application for an initial dealer license or a renewal of such a license within 90 days of receipt of the application. [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).] If the […]
§903. Grounds for denying, suspending, revoking or modifying dealer license 1. Grounds. The Secretary of State may deny, suspend, revoke or modify a dealer license for any of the following reasons: A. A material misstatement in the application for a license; [PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, […]
§904. Vicarious liability 1. Acts of officers, directors, trustees or partners. There is sufficient cause for the denial, suspension or revocation of the license of a partnership or corporation if an officer, director, trustee or partner has committed an act or omitted a duty that would be cause for denying, suspending or revoking a license […]
