Section 15-301 – “License” Defined

    In this subtitle, “license” means a dealer’s license issued by the Administration under this subtitle.

Section 15-302 – License Required; Refused, Revoked, or Suspended Licenses

    (a)    A person may not conduct the business of a dealer unless the person is licensed by the Administration under this subtitle.     (b)    Any person who has been refused a dealer’s license in this State or whose dealer’s license is revoked or suspended may not conduct the business of a dealer under any license, permit, or registration […]

Section 15-303 – License for Partnership or Corporation

    (a)    A license may not be issued to a partnership or corporation as such.     (b)    (1)    If an application for a license is made for a corporation, the license shall be applied for by and issued to three officers of the corporation who are authorized to act for it or, if it is a close corporation, at least […]

Section 15-304 – Location and Service Requirements; Vehicle Shows

    (a)    Except as provided in subsection (b) of this section, a person may not be licensed under this subtitle unless:         (1)    The business to be conducted under the license is the only or principal business conducted from the fixed location specified in the application;         (2)    That business is conducted from a building that is adequate and appropriate for […]

Section 15-305 – Special Requirements for License to Deal in New Vehicles

    (a)    A license to deal in new vehicles may not be issued to any person unless the manufacturer or distributor of the vehicles is in compliance with the surety bond requirements of § 15–205 of this title.     (b)    A license to deal in new vehicles may be issued only for a dealer in new vehicles who holds […]

Section 15-305.1 – Wholesale Dealers

    (a)    A wholesale dealer who is licensed by the Administration under this subtitle:         (1)    May buy a vehicle from another dealer, at an auto auction, or from a retail seller;         (2)    May sell a vehicle to or exchange vehicles with another dealer;         (3)    Except as provided in item (4) of this subsection, may sell a vehicle or exchange vehicles […]

Section 15-306 – Application of License

    In addition to the information required under Subtitle 1 of this title, each application for a license shall include:         (1)    The type of dealership applied for;         (2)    If the application is made for a partnership, the name and address of each partner applying for the partnership;         (3)    If the application is made for a corporation or for a […]

Section 15-307 – License Fee; Salesman’s License Included

    (a)    Each licensed dealer shall pay to the Administration an annual license fee established by the Administration for each license year or part of a license year for which the license is issued.     (b)    A licensed dealer need not pay more than one annual fee, regardless of the number of its business locations.     (c)    On payment of the […]

Section 15-308 – Dealer’s Bond

    (a)    (1)    After the Administration notifies an applicant of the approval of an application and before the Administration issues a license, the applicant shall file with the Administration a surety bond in the form and with the surety that the Administration approves.         (2)    The bond shall be for the applicant’s primary location and all supplemental locations if all […]

Section 15-309 – Scope of License

    A license issued under this subtitle authorizes the licensed dealer to conduct the business of a dealer in the types of vehicles specified in it during the license year for which it is issued.

Section 15-310 – Contents of License

    Each license shall state:         (1)    The type of vehicles in which the licensee may deal;         (2)    The locations from which the licensee may deal in that type of vehicle;         (3)    If it is a license to deal in new vehicles, the make of new vehicles in which the licensee may deal;         (4)    As to a wholesale dealer, that the […]

Section 15-311 – Contents of Vehicle Sales Contracts

    (a)    A contract for the sale of a vehicle by a dealer shall contain a clear statement of:         (1)    The principal amount charged for the vehicle;         (2)    Any interest charged on the principal amount;         (3)    Any fee charged under § 13–610 of this article;         (4)    Any dealer processing charge, as defined in § 15–311.1 of this subtitle; and         (5)    Any other […]

Section 15-311.1 – Dealer Processing Charge

    (a)    (1)    In this section, “dealer processing charge” includes an amount charged by a dealer for:             (i)    The preparation of written documentation of the transaction;             (ii)    Obtaining the title and license plates for the vehicle;             (iii)    Obtaining a release of lien;             (iv)    Filing title documents with the Administration;             (v)    Retaining documentation and records of the transaction;             (vi)    Complying with federal or State privacy […]

Section 15-311.2 – Mechanical Repair Contracts

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    “Agent” means a business entity that is authorized by an obligor or a licensed vehicle dealer to sell a mechanical repair contract.         (3)    (i)    “Mechanical repair contract” means any agreement or contract sold by a licensed vehicle dealer, an obligor, or an agent under which the obligor […]

Section 15-311.3 – Dealer Financing or Leasing Agreements

    (a)    (1)    For a buyer purchasing a vehicle through dealer–arranged financing or leasing before approval of a third–party institution has been received, the following notice shall be provided to the buyer in a separate document and signed by the dealer and the buyer:     “For finance or lease sales: The financing or lease agreement you entered into with […]

Section 15-312 – Prohibited Acts — Vehicle Sales Transactions

    (a)    A dealer or an agent or employee of a dealer may not permit any individual to road test a motor vehicle if he knows that the other individual does not have a license to drive of the appropriate class.     (b)    A dealer or an agent or employee of a dealer may not make any material misrepresentation […]

Section 15-313 – Prohibited Acts — Advertising Practices

    (a)    A dealer or an agent or employee of a dealer may not use any advertisement that is in any way false, deceptive, or misleading.     (b)    A dealer or an agent or employee of a dealer may not by any means advertise or offer to the public any vehicle without intent to sell it as advertised or […]

Section 15-314 – Prohibited Acts — Violation of Licensing Laws

    (a)    A dealer or an agent or employee of a dealer may not misrepresent any material fact in obtaining a license.     (b)    A dealer or an agent or employee of a dealer may not conduct a dealership in any name other than the one in which the dealer is licensed.     (c)    A dealer or an agent or employee […]

Section 15-315 – Refusal, Suspension, or Revocation of License; Fine

    (a)    In addition to the other grounds specified in Subtitle 1 of this title for refusal, suspension, or revocation of a license, the Administration may refuse to grant a license under this subtitle to any person and may suspend, revoke, or refuse to renew the license of any person if it finds that:         (1)    The person, his […]