HARRY HUGHES, Governor

2913

(1) A NEW VEHICLE DEALER, OR A LICENSED VEHICLE
SALESMAN WHO IS EMPLOYED BY THE DEALER, MAY PARTICIPATE IN 1
ANNUAL INDUSTRY WIDE VEHICLE SHOW.

(2) A NEW VEHICLE DEALER FRANCHISED TO SELL CLASS M
MOTOR HOMES OR CLASS G TRAILERS, OR A LICENSED SALESMAN WHO IS
EMPLOYED BY THE DEALER, MAY PARTICIPATE IN MORE THAN 1 ANNUAL
INDUSTRY WIDE VEHICLE SHOW, IF THE SHOWS ARE LIMITED TO CLASS M
MOTOR HOMES OR CLASS G TRAILERS.

(D) A VEHICLE DEALER OR LICENSED VEHICLE SALESMAN LISTED IN
SUBSECTION (C) OF THIS SECTION MAY PARTICIPATE IN AN INDUSTRY
WIDE VEHICLE SHOW IF:

(1)  THE DEALER HOLDS A VALID LICENSE ISSUED UNDER
THIS TITLE; AND

(2)  AT LEAST 60 DAYS BEFORE THE INDUSTRY WIDE VEHICLE
SHOW, A WRITTEN NOTICE AN APPLICATION IS FILED WITH THE
ADMINISTRATION, FOR APPROVAL BY THE ADMINISTRATION, THAT
CONTAINS:

(I)  A LIST OF THE NAMES AND BUSINESS ADDRESSES
OF PARTICIPATING DEALERS;

(II)  THE LOCATION OF THE INDUSTRY WIDE VEHICLE
SHOW;

(III)  THE SPECIFIC DATES ON WHICH THE INDUSTRY
WIDE VEHICLE SHOW WILL BE HELD; AND

(IV)  OTHER REASONABLE INFORMATION REQUIRED BY
THE ADMINISTRATION; AND

(3)  THE INDUSTRY WIDE VEHICLE SHOW DOES NOT EXCEED 10
CONSECUTIVE DAYS AND IS RESTRICTED TO NEW VEHICLES ONLY.

(D) (E) (1) A LICENSED DEALER, OR A LICENSED VEHICLE
SALESMAN WHO IS EMPLOYED BY THE DEALER, WHO PARTICIPATES IN AN
INDUSTRY WIDE SHOW MAY ENTER INTO A VEHICLE SALES CONTRACT WITH A
BUYER EXECUTE A BUYER'S ORDER AND ACCEPT A DEPOSIT AS PROVIDED IN
PARAGRAPH (2) OF THIS SUBSECTION.

(2) A LICENSED DEALER MAY NOT ACCEPT A DEPOSIT THAT:

(I) FOR AN ORDER FOR ANY VEHICLE, EXCEPT A
CLASS M MOTOR HOME, EXCEEDS 5 PERCENT OF THE COST OF THE VEHICLE;
OR

(II) FOR AN ORDER OF A CLASS M MOTOR HOME,
EXCEEDS 10 PERCENT OF THE COST OF THE MOTOR HOME.

(2) (3) EXCEPT AS OTHERWISE PROVIDED IN PARAGRAPH
(1) OF THIS SUBSECTION, A LICENSED DEALER, OR A LICENSED VEHICLE
SALESMAN WHO IS EMPLOYED BY THE DEALER, SHALL CONDUCT ACTIVITIES