32-6B-41 — Grounds for denial of license or application of provisions of §§ 32-6B-41.1 to 32-6B-41.6, inclusive.


     32-6B-41.   Grounds for denial of license or application of provisions of §§ 32-6B-41.1 to 32- 6B-41.6, inclusive. The department may deny any application or apply the provisions of §§ 32-6B- 41.1 to 32-6B-41.6, inclusive, on any license issued under the provisions of this chapter, for any of the following:
             (1)      Commission of fraud or willful misrepresentation in the application for or in obtaining a license;
             (2)      Conviction of a felony involving vehicle theft or odometer fraud in the last five years;
             (3)      A violation of any law of this state which relates to dealing in vehicles;
             (4)      Failure to comply with any administrative rule promulgated by the department;
             (5)      Perpetration of a fraud upon any person as a result of dealing in vehicles;
             (6)      Failure to apply for transfers of title as required in chapter 32-3;
             (7)      Failure to allow department inspections, including initial and annual inspections, complaint investigations, and necessary follow-up inspections;
             (8)      Misrepresentation through false, deceptive, or misleading statements with regard to the sale or financing of vehicles which a dealer has, or causes to have, advertised, printed, displayed, published, distributed, broadcast, televised, or made in any manner with regard to the sale or financing of vehicles;
             (9)      Refusal to comply with a licensee's responsibility under the terms of the new vehicle warranty issued by its respective manufacturer, unless such refusal is at the direction of the manufacturer;
             (10)      Failure to comply with the terms of any bona fide written, executed agreement pursuant to the sale of a vehicle;
             (11)      Inability to obtain or renew surety bond or to participate in a dealer asset pool;
             (12)      Failure to maintain and continuously occupy a principal place of business; or
             (13)      Failure to obtain or renew a public liability insurance policy of not less than three hundred thousand dollars, if the dealer has been given thirty days written notice to comply.

Source: SL 1986, ch 250, § 42; SL 1989, ch 256, § 5; SL 1990, ch 239, § 3; SL 1990, ch 242, § 2; SL 1991, ch 245; SL 2005, ch 162, § 7.