SPIRO T. AGNEW, Governor                         529

motorcycle dealers shall be issuable only to motorcycle dealers as that
term is defined in this article. Licenses for trailer dealers [and
trailer dealer registration plates] shall be issuable only to trailer
dealers as that term is defined in this article. No dealer shall be
entitled to obtain a license as a dealer [and dealer registration
plates] and no used car dealer shall be entitled to obtain a license as
a used car dealer [and used car dealer registration plates] and
no motorcycle dealer shall be entitled to obtain a license as a motor-
cycle dealer and no trailer dealer shall be entitled to obtain a license
as a trailer dealer [and trailer dealer registration plates] unless (i)
the applicant's said business is conducted at a fixed location in a
substantial building in which the books of account and records of
said business are maintained and kept; (ii) the said business of the
applicant is the only or the principal business conducted on the said
premises; (iii) the said building is adequate and appropriate for the
sale of motor vehicles by the applicant; (iv) the applicant maintains
and operates a service shop equipped for reasonably adequate and
proper servicing of the vehicles to be sold by the applicant, or, in the
alternative, the applicant has an extant contract approved by the
Department which requires such servicing to be furnished at a
reasonably convenient location to the purchasers of vehicles from the
applicant; (v) the location requirements set forth in subsections
(i), (ii), (iii), and (iv) of this section shall not be a requirement for
the issuance of a motorcycle dealer's license and a trailer dealer's
license [and trailer dealer registration plates]; trailer dealers in new
trailers and motorcycle dealers in new motorcycles must hold an
unexpired appointment as such in writing from the manufacturer of
such vehicles or from the distributor of such vehicles, and an exact
copy of the appointment of franchise shall be attached to the appli-
cation together with a statement that such an appointment is not
expired or revoked; (vi) each applicant for a license as a dealer,
used car dealer, motorcycle dealer, and trailer dealer, upon notifi-
cation by the Department of approval of the application, files with
the Department acceptable evidence of a surety bond in such form as
the Department shall approve in the sum of five thousand dollars
($5,000) for the use and benefit of the Department and the public
who may suffer or sustain any loss by reason of any violation of
Sections 29, 46, 47, 49, 61, 62, or 63 of this article by a dealer, used
car dealer, motorcycle dealer and trailer dealer, and the license of any
dealer, used car dealer, motorcycle dealer and trailer dealer, under
this article who fails to file acceptable evidence that the bond required
herein has been extended prior to the date of expiration of the bond
shall be automatically suspended and the Department shall immedi-
ately notify him of the suspension except in the case of boat trailer
dealers and those trailer dealers dealing exclusively in trailers fifteen
(15) feet or less in length. Such dealers shall file with the Depart-
ment acceptable evidence of a surety bond in such form as the
Department shall approve in the sum of one thousand dollars
($1,000) for the use and benefit of the Department and the public who
may suffer or sustain any loss by reason of any violation of Sections
29, 46, 47, 49, 61, 62, or 63 of this article by a [dealer] boat trailer
dealer or trailer dealer dealing exclusively in trailers fifteen (15)
feet or less in length, and the license of any [dealer] boat trailer
dealer or trailer dealer dealing exclusively in trailers fifteen (15)
feet or less in length under this article who fails to file acceptable
evidence that the bond required herein has been extended prior to the