3350

LAWS OF MARYLAND

Ch. 551

15-105.

(a) (1) A person who is licensed under this title may
conduct the licensed activity only from a fixed location, as
specified in the application for the license.

(2)  The books of account and records of the,
EXCEPT AS OTHERWISE SPECIFIED BY LAW, THE licensee shall be
kept at that location.

(B) IF A VEHICLE DEALER LICENSED UNDER THIS TITLE
CONDUCTS THE LICENSED ACTIVITY FROM ANY LOCATION OTHER THAN
THE PRINCIPAL OFFICE OF THE DEALER IN THIS STATE, OR IF THE
ACTIVITY IS CONDUCTED FROM THE PRINCIPAL OFFICE AND ONE OR
MORE OTHER LOCATIONS, THE DEALER SHALL:

(1) AT THE PRINCIPAL OFFICE, MAINTAIN THE

ORIGINAL RECORDS OF ALL SALES TRANSACTIONS; AND

(2) AT THE SALES LOCATION, MAINTAIN A COPY OF
THE RECORD OF EACH SALES TRANSACTION THAT IS MADE AT THAT
LOCATION.

(3)  A PERSON, WHO HOLDS MULTIPLE LICENSES AT
MORE THAN ONE LOCATION AND HAS ESTABLISHED A COMPUTERIZED
DATA PROCESSING RECORD KEEPING SYSTEM AT ONE OF HIS
LOCATIONS, MAY KEEP CERTAIN RECORDS, AS DESIGNATED BY THE
ADMINISTRATOR, OF ALL HIS LICENSED ACTIVITIES AT THE
CENTRALIZED LOCATION; PROVIDED PRIOR APPROVAL OF THE
ADMINISTRATOR HAS BEEN GRANTED.

[(b)] (C) A licensee may not remove or relocate
the location specified for the licensed activity or open any
additional location, unless the licensee has applied for and
obtained a supplemental license from the Administration.

[(c)] (D) (1) Each licensee under this title shall
maintain and keep records required by this article.

(2)  The records shall be kept for 3 years after
the transaction to which it applies.

(3)  During business hours, the records of the
licensee shall be open to inspection by the Administration
or any police officer while discharging his official duties.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.

Approved June 1, 1982.