Marvin Mandel, Governor                        1291

ARTICLE. LICENSES FOR MOTORCYCLE DEALERS SHALL
BE ISSUABLE ONLY TO MOTORCYCLE DEALERS AS THAT
TERM IS DEFINED IN THIS ARTICLE. LICENSES FOR
TRAILER DEALERS 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 NO USED CAR DEALER SHALL BE EN-
TITLED TO OBTAIN A LICENSE AS A USED CAR DEALER
AND NO MOTORCYCLE DEALER SHALL BE ENTITLED TO
OBTAIN A LICENSE AS A MOTORCYCLE DEALER AND NO
TRAILER DEALER SHALL BE ENTITLED TO OBTAIN A
LICENSE AS A TRAILER DEALER UNLESS (I) THE APPLI-
CANT'S SAID BUSINESS IS CONDUCTED AT A FIXED LO-
CATION IN A SUBSTANTIAL BUILDING IN WHICH THE
BOOK OF ACCOUNT AND RECORDS OF SAID BUSINESS ARE
MAINTAINED AND KEPT; (II) THE SAID BUSINESS OF
THE APPLICANT IS THE ONLY OR THE PRINCIPAL BUSI-
NESS 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 APPLI-
CANT, 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 PUR-
CHASERS 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;
TRAILER DEALERS IN NEW TRAILERS AND MOTORCYCLE
DEALERS IN NEW MOTORCYCLES MUST HOLD AN UN-
EXPIRED APPOINTMENT AS SUCH IN WRITING FROM THE
MANUFACTURER OF SUCH VEHICLES OF FROM THE DIS-
TRIBUTOR OF SUCH VEHICLES, AND AN EXACT COPY OF
THE APPOINTMENT OF FRANCHISE SHALL BE ATTACHED
TO THE APPLICATION TOGETHER WITH A STATEMENT
THAT SUCH AN APPOINTMENT IS NOT EXPIRED OR RE-
VOKED; (VI) EACH APPLICANT FOR A LICENSE AS A
DEALER, USED CAR DEALER, MOTORCYCLE DEALER, AND
TRAILER DEALER, UPON NOTIFICATION BY THE DEPART-
MENT OF APPROVAL OF THE APPLICATION, FILES WITH
THE DEPARTMENT ACCEPTABLE EVIDENCE OF A SURETY
BOND IN SUCH FORM AS THE DEPARTMENT SHALL AP-
PROVE IN THE SUM OF [FIVE THOUSAND DOLLARS
($5,000)] FIFTEEN THOUSAND DOLLARS ($15,000) FOR THE
USE AND BENEFIT OF THE DEPARTMENT AND THE PUB-
LIC WHO MAY SUFFER OR SUSTAIN ANY LOSS BY REASON
OF ANY VIOLATION OF SECTIONS 29,46,47, 49, 61, 62, FOR 63]
63, OR 176B 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 EVI-
DENCE THAT THE BOND REQUIRED HEREIN HAS BEEN