322.8 - SUPPLEMENTAL STATEMENTS.

        322.8  SUPPLEMENTAL STATEMENTS.         Each motor vehicle dealer licensee shall promptly file with the      department from time to time during the period of the license,      statements supplemental to the statements contained in the      application for license whenever any change shall occur in the      licensee's personnel or in the licensee's plan or method of doing      business or in the location of the place or places of business, so      that the statements made in the application do, after such change,      properly disclose the licensee's status and method and plan of doing      business.  The supplemental statement shall be in the form prescribed      by the department and shall disclose such information as would have      been required by this chapter if such changes had occurred prior to      the licensee making application for a license.         A supplemental statement shall include any change in the      licensee's financial liability coverage.         If the department finds that the changes set forth in the      supplemental statement do not violate the provisions of this chapter      and it grants to the licensee the privilege of doing business in the      manner set forth therein, it shall upon surrender to it of the      license of the motor vehicle dealer, issue to the dealer a new      license appropriate to the dealer's original application as modified      by such supplemental statement.  
         Section History: Early Form
         [C39, § 5039.08; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,      81, § 322.8] 
         Section History: Recent Form
         97 Acts, ch 139, §13, 17