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MARVIN MANDEL, Governor 859
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REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §5-107.
As to the present requirement that there be a
"fixed location" at which the books and
records of the business are kept, see §15—105
of this title to the same effect.
In subsection (a) of this section, a reference
to "semitrailers" is added for clarity.
In subsection (b)(3)(i) of this section, the
term "automotive repair facility" is
substituted for the present term "service
shop" to conform to current usage. See, e.g.,
§§ 14-1001 et seq. of the Commercial Law
Article.
The only other changes are in style.
15-305. SPECIAL REQUIREMENTS FOR LICENSE TO DEAL IN NEW
VEHICLES.
(A) COMPLIANCE WITH SURETY BOND REQUIREMENTS.
A LICENSE TO DEAL IN NEW CLASS A VEHICLES MAY NOT
BE ISSUED TO ANY PERSON UNLESS THE MANUFACTURER OR
DISTRIBUTOR OF THE VEHICLES IS IN COMPLIANCE WITH THE
SURETY BOND REQUIREMENTS OF §15-205 OF THIS TITLE.
(B) PERSONS WHO MAY BE ISSUED LICENSE.
A LICENSE TO DEAL IN NEW VEHICLES MAY BE ISSUED ONLY
FOR:
(1) A SALES BRANCH OR AGENCY OF THE
MANUFACTURER OF THE VEHICLES;
(2) A DISTRIBUTOR OF NEW VEHICLES MHO HOLDS A
FRANCHISE FROM THE MANUFACTURER OF THE VEHICLES; OR
(3) A DEALER IN NEW VEHICLES WHO HOLDS A
FRANCHISE FROM:
(I) THE MANUFACTURER OF THE VEHICLES; OR
(II) AN AUTHORIZED A FRANCHISED DISTRIBUTOR
OF THE VEHICLES.
(C) SUBMISSION OF COPY OF FRANCHISE.
IF AN APPLICANT FOR A LICENSE TO DEAL IN NEW
VEHICLES SEEKS TO QUALIFY UNDER SUBSECTION (B) (2) OR
(3) OF THIS SECTION, THE APPLICANT SHALL SUBMIT WITH THE
APPLICATION AN EXACT COPY OF THE REQUIRED FRANCHISE.
(D) SUSPENSION OF LICENSE ON TERMINATION OF
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