Maine § 29-A §1052 Record of transactions by vehicle auction business

Maine Statutes

§ 29-A §1052 — Record of transactions by vehicle auction business

Maine·Title 29-A MOTOR VEHICLES AND TRAFFIC·Ch. 9 DEALERS

1.Record of sale. A vehicle auction business must complete a record for each sale of a vehicle.

2.Contents of record. The record of sale must include the following:

3.Filing.

4.Maintaining record. The licensee shall maintain a copy of the record of sale for at least 5 years after the date of sale.

5.Availability of records for inspection. All books, records and files related to the sale of vehicles or vehicle parts must be available during normal business hours for inspection by the Secretary of State, law enforcement officers or representatives of the office of the Attorney General. The records must be kept in compliance with the federal Truth in Mileage Act of 1986, Public Law 99-579 and regulations promulgated under 49 Code of Federal Regulations, Part 580.

6.Penalty. Violation of

Free access — add to your briefcase to read the full text and ask questions with AI

1.
Record of sale.
A vehicle auction business must complete a record for each sale of a vehicle.
2.
Contents of record.
The record of sale must include the following:
3.
Filing.
4.
Maintaining record.
The licensee shall maintain a copy of the record of sale for at least 5 years after the date of sale.
5.
Availability of records for inspection.
All books, records and files related to the sale of vehicles or vehicle parts must be available during normal business hours for inspection by the Secretary of State, law enforcement officers or representatives of the office of the Attorney General. The records must be kept in compliance with the federal Truth in Mileage Act of 1986, Public Law 99-579 and regulations promulgated under 49 Code of Federal Regulations, Part 580.
6.
Penalty.
Violation of this section is a traffic infraction.

Maine § 29-A §1052 (Record of transactions by vehicle auction business) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1993, c. 683, §A2 (NEW). PL 1993, c. 683, §B5 (AFF). PL 1997, c. 437, §27 (AMD). PL 1999, c. 771, §C8 (AMD). PL 1999, c. 771, §§D1,2 (AFF). PL 2023, c. 634, §20 (AMD).