Disciplinary action against licensed dealer for knowledge of unlawful act of employee or associate or failure to maintain adequate supervision.
1. Upon a finding that a licensed dealer knew, or by the exercise of reasonable care and diligence should have known, of any unlawful act or violation of a provision of this chapter by a salesman, rebuilder, installer or serviceman who is employed by or associated with the licensed dealer, the Division may suspend or revoke the license of the licensed dealer and impose a fine upon him of not more than $1,000.
2. Upon a finding that a licensed dealer failed to maintain adequate supervision of a salesman, rebuilder, installer or serviceman who, while employed by or associated with the licensed dealer, committed any unlawful act or violated a provision of this chapter, the Division may suspend or revoke the license of a licensed dealer and impose a fine upon him of not more than $1,000.
Last modified: February 25, 2006