Established place of business required for dealers, short-term lessors and brokers; notification of Department of branches by short-term lessors.
1. Except as otherwise provided in subsections 2 and 3, every vehicle dealer shall maintain an established place of business in this State which:
(a) Includes a permanent enclosed building, owned in fee or leased, with sufficient space to display one or more vehicles which the dealer is licensed to sell; and
(b) Is principally used by the dealer to conduct his business.
2. Every used vehicle dealer, trailer dealer or semitrailer dealer shall maintain an established place of business in this State which has:
(a) Sufficient space to display one or more vehicles;
(b) Boundaries which are clearly marked; and
(c) A permanent enclosed building large enough to accommodate his office and provide a safe place to keep the books and other records of his business.
3. A short-term lessor shall:
(a) Designate his principal place of business as his established place of business and each other location where he conducts business as a branch that is operated pursuant to the license for the principal place of business.
(b) Notify the Department of each branch at which he conducts business by filing, on forms provided by the Department, such information pertaining to each branch as required by the Department.
4. Every broker shall maintain an established place of business in this State which is in a permanent building with sufficient space to accommodate his office.
Last modified: February 25, 2006