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869
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MARVIN MANDEL, Governor
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A LICENSE MAY NOT BE ISSUED UNDER THIS SUBTITLE TO A
PARTNERSHIP, CORPORATION, OR OTHER ENTITY. IT ONLY MAY
BE APPLIED FOR BY AND ISSUED TO AN INDIVIDUAL.
REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 66 1/2,
§5-303(a).
15-404. EMPLOYMENT BY LICENSED DEALER REQUIRED.
(A) IN GENERAL.
A PERSON MAY NOT BE LICENSED UNDER THIS SUBTITLE
UNLESS THE PERSON:
(1) IS A LICENSED DEALER; OR
(2) IS EMPLOYED AS A VEHICLE SALESMAN BY A
LICENSED DEALER.
(B) SUBMISSION OF STATEMENT OF LICENSED DEALER.
UNLESS THE APPLICANT IS HIMSELF A LICENSED DEALER,
EACH APPLICATION FOR A LICENSE SHALL CONTAIN OR BE
ACCOMPANIED BY THE WRITTEN STATEMENT OF THE LICENSED
DEALER BY WHOM THE APPLICANT IS OR WILL BE EMPLOYED,
CERTIFYING THAT THE APPLICANT HAS BEEN ACCEPTED BY THE
LICENSED DEALER FOR EMPLOYMENT AS A VEHICLE SALESMAN.
THE WRITTEN STATEMENT SHALL BE SIGNED ON BEHALF OF THE
LICENSED DEALER BY A PERSON AUTHORIZED UNDER THIS TITLE
TO SIGN AN APPLICATION FOR A DEALER'S LICENSE.
(C) NOTICE OF TERMINATION OF EMPLOYMENT.
(1) IF A DEALER MAKES A CERTIFIED STATEMENT
UNDER THIS SECTION, THE DEALER IMMEDIATELY SHALL NOTIFY
THE ADMINISTRATION OF ANY TERMINATION OF EMPLOYMENT OF
THE SALESMAN.
(2) THE NOTIFICATION SHALL BE MADE ON THE
FORM THAT THE ADMINISTRATION REQUIRES.
REVISOR'S NOTE: This section presently appears as
Art. 66 1/2, §5-301.1(d).
Subsection (a) of this section is new language
added for clarity.
In subsection (b) of this section, new
language is added to clarify that its
provisions dc not apply if the applicant is
himself the licensed dealer.
The only other changes are in style.
15-405. APPLICATION FOR LICENSE.
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