55-17-203 - Application forms and contents.
55-17-203. Application forms and contents.
(a) The commission shall prescribe and provide forms to be used for applications for licenses and for the renewals thereof to be used under the terms and provisions of this part. Every application for a new dealer's license shall contain, in addition to any information the commission may require, a statement as to the following facts:
(1) The name and residence address of the applicant and the trade name, if any, under which the applicant intends to conduct business;
(A) If the applicant is a partnership, the name and residence address of each member thereof, whether a limited or general partner, and the name under which the partnership business is to be conducted;
(B) If the applicant is a corporation, the name of the corporation and the name and address of each of its principal officers, directors and all persons owning more than five percent (5%) of outstanding shares of stock issued by the corporation; and
(2) A complete description, including the city, town, or village with the street and number, if any, of the permanent, established place of business and any other and additional place or places of business as shall be operated and maintained by the applicant in conjunction with the permanent, established place of business.
(b) All applications for licenses required to be obtained under this part shall be verified by oath or affirmation of the applicant or the applicants.
(c) All applications shall be accompanied by the payment of a fee of thirty-five dollars ($35.00).
(d) All licenses shall expire on August 31 in the year that biennially succeeds the date of issuance.
(e) Any change of address of a dealer must be reported to the commission within ten (10) days of the date of change.
[Acts 2000, ch. 606, § 4.]