41-3-201.7 - Supplemental license for additional place of business restrictions -- Exception.
41-3-201.7. Supplemental license for additional place of business restrictions --Exception.
(1) (a) Subject to the requirements of Subsection (2), a supplemental license for anadditional place of business issued pursuant to Subsection 41-3-201(6) may only be issued to adealer if the dealer is:
(i) licensed in accordance with Section 41-3-202;
(ii) bonded in accordance with Section 41-3-205; and
(iii) in compliance with existing rules promulgated by the administrator of the divisionunder Section 41-3-105.
(b) A supplemental license for a permanent additional place of business may only beissued to a used motor vehicle dealer if:
(i) the dealer independently satisfies the bond requirements under Section 41-3-205 forthe permanent additional place of business;
(ii) the dealer is in compliance with existing rules promulgated by the administrator ofthe division under Section 41-3-105; and
(iii) the permanent additional place of business meets all the requirements for a principalplace of business.
(2) (a) Except as provided in Subsections (2)(c) and (3), a supplemental license for anadditional place of business issued pursuant to Subsection 41-3-201(6) for a new motor vehicledealer may not be issued for an additional place of business that is beyond the geographicspecifications outlined as the area of responsibility in the dealer's franchise agreement.
(b) A new motor vehicle dealer shall provide the administrator with a copy of the portionof the new motor vehicle dealer's franchise agreement identifying the dealer's area ofresponsibility before being issued a supplemental license for an additional place of business.
(c) The restrictions under Subsections (2)(a) and (b) do not apply to a new motor vehicledealer if the license for an additional place of business is being issued for the sale of used motorvehicles.
(3) The provisions of Subsection (2) do not apply if the additional place of business is atrade show or exhibition if:
(a) there are five or more dealers participating in the trade show or exhibition; and
(b) the trade show or exhibition takes place at a location other than the principal place ofbusiness of one of the dealers participating in the trade show or exhibition.
(4) A supplemental license for a temporary additional place of business issued to a usedmotor vehicle dealer may not be for longer than 10 consecutive days.
Amended by Chapter 393, 2010 General Session