SPIRO T. AGNEW, Governor                       531

acknowledged by both the [registered] dealer and the salesman, and
the applicant shall attach to the application an exact copy of the
appointment; also, the [registered] licensed new car, used car,
motorcycle or trailer dealer shall furnish written notice of expiration
of appointment of a salesman;

(ii) Every licensed salesman shall provide acceptable evidence of
a corporate bond in the sum of one thousand dollars ($1,000) for the
use and benefit of the Department and public who may suffer or
sustain any loss by reason of a violation of Sections 29, 46, 47, 49, 61,
62 or 63 of this article by such salesman. The license of any salesman
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
immediately notify such licensee and the dealer of the suspension;

(iii) The applicant shall furnish information concerning his true
identity, business of selling motor vehicles or trailers, and any other
pertinent facts which the Department may require;

(iv) And pay the fee for a salesman's license of five dollars
($5.00) for each year or part thereof; provided that there shall be
no requirement for the licensing of the salesmen for boat trailer
dealers and dealers dealing exclusively in trailers [less than fifteen
(15) feet in length] of a length of fifteen feet or less.

(3)    An applicant for a license required by the provisions of this
article shall file with the Department a written application which
shall be signed and under oath. Each license shall set forth the
name of the dealer for whom the salesman may transact any business
of selling motor vehicles or trailers. No licensed salesman shall
transact any business of selling motor vehicles or trailers for anyone
other than the [registered] dealer specified on the license. If during
the period for which such licenses are issued there should be any
change in the factual information furnished by such application for
license, such change shall be fully, truly, and promptly communicated
to the Department in writing by the applicant under oath upon
forms provided by the Department for that purpose.

(4)    No person may engage in or transact any business of selling
motor vehicles or trailers, or hold himself out to the public as doing
any selling of motor vehicles or trailers, in this State, except in
compliance with the applicable provisions of this article. No person,
whether subject to licensing by any law or otherwise, may engage in
this State in any trade practice or other act which is a violation of
subsection (b) (2) (ii) above. Every person who wilfully participates
in a prohibited act or violation with knowledge of the same is subject
to the criminal penalty therefor provided in this article.

(5)    No dealer's or salesman's license shall be required of any
individual who performs labor or services for a dealer for wages or
salary and who does not act in the capacity of a salesman for the
dealer.

(c) (1) In the event any dealer's license, used car dealer's license,
motorcycle dealer's license, or trailer dealer's license is lost, mutilated
or becomes illegible, the dealer, used car dealer, motorcycle dealer or
trailer dealer, to whom such license was issued, as shown by the
records of the Department, shall immediately make application for
and may obtain upon the payment of the fee of one dollar ($1.00), a