§ 44-20-409 — Temporary powersports vehicle dealer license

Colorado § 44-20-409

• Jurisdiction: Colorado
• Title 44: Revenue -
• Art.: Sale of Self-propelled Vehicles

Text

(1) (a) If a
licensed powersports vehicle dealer has entered into a written agreement to sell a
dealership to a purchaser and the purchaser has been awarded a new franchise, the
board may issue a temporary powersports 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 powersports vehicle
dealer's license and a powersports vehicle dealer's license, the appropriate
application fee for the powersports vehicle dealer's application, evidence of a
passing score of the written examination described in section 44-20-415, and
evidence that the franchise has been awarded to the applicant by the powersports
vehicle manufacturer.

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

(2) For the purpose of enabling an out-of-state dealer to sell powersports
vehicles on a temporary basis during specifically identified events, the director may
issue, upon direction by the board, a temporary powersports vehicle dealer's license
that 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. 106, � 2, effective October 1.