55-17-113 - Location of business to be specified on license Changes requiring new license Possession and display of license Name to appear on license.
55-17-113. Location of business to be specified on license Changes requiring new license Possession and display of license Name to appear on license.
(a) The license issued to each motor vehicle dealer, manufacturer, distributor, factory branch, distributor branch or automotive dismantler and recycler shall specify the location of the factory, dealership, office or branch.
(b) Any motor vehicle dealer licensed under this part shall promptly notify the commission of a change in ownership, location or franchise or any other matters the commission may require by rule. If a dealership changes its location entirely or in part or changes or adds to the dealer's franchise or line-makes, a new license must be applied for as in any original application.
(c) Every motor vehicle salesperson, factory representative or distributor representative shall have the license in the person's possession when engaged in business and shall display it upon request. The name of the employer of the motor vehicle salesperson, factory representative or distributor representative shall appear on the face of the license.
[Acts 1955, ch. 79, § 4; 1963, ch. 109, § 6; 1977, ch. 162, § 23; 1977, ch. 450, § 3; T.C.A., § 59-1713; Acts 1999, ch. 148, § 2.]