§ 44-20-109 — Temporary motor vehicle dealer license

(1) (a) If a licensed
motor vehicle dealer has entered into a written agreement to sell a dealership to a
purchaser and the purchaser has been awarded a new dealership franchise, the
board may issue a temporary motor vehicle dealer's license to the purchaser or
prospective purchaser. The director shall issue the temporary license only after the
board has received the applications for both a temporary motor vehicle dealer's
license and a motor vehicle dealer's license, the appropriate application fee for the
motor vehicle dealer's application, evidence of a passing test score, and evidence
that the franchise has been awarded to the applicant by the manufacturer.

(b) A temporary motor vehicle dealer's license authorizes the licensee to act
as a motor vehicle dealer. Temporary licensees are subject to this article 20 and to
all applicable rules adopted by the executive director or the board. A temporary
motor vehicle dealer's license is effective for up to sixty days or until the board acts
on the licensee's application for a motor vehicle dealer's license, whichever is
sooner.

(2) For the purpose of enabling an out-of-state dealer to sell vehicles on a
temporary basis during specifically identified events, the director may issue, upon
direction by the board, a temporary motor vehicle dealer's license, which is
effective for thirty days. The temporary licensee is subject to the rules adopted by
the executive director or the board.

Legislative History

Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 55, � 2, effective October 1.