32-6B-6 — Application required--Contents.
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32-6B-6.
Application required--Contents.
Any person selling vehicles pursuant to the
requirements of this chapter shall file with the department, upon forms provided by the department,
an application including the following:
(1)
The name and address of the applicant;
(2)
The name of the firm or copartnership, with the names and addresses of all members, if
the applicant is a firm or copartnership;
(3)
The name of the corporation, with the names and addresses of the principal officers, if the
applicant is a body corporate;
(4)
The exact location of the place of business and, if owned by the applicant, when acquired.
If the place of business is leased, a true copy of the lease shall accompany the application;
(5)
A certification that the location provides an adequately equipped office and is not the
residence of the applicant;
(6)
A certification that the location affords sufficient space to adequately store all vehicles
offered for sale;
(7)
A certification that the location is the place where the applicant keeps and maintains
books, records, and files necessary to conduct business, which shall be available at all
reasonable hours to inspection by the department;
(8)
A consent to allow periodic inspections of the dealership by the department;
(9)
A certification that the business of a vehicle dealer is the principal business conducted at
the location;
(10)
A description of the principal place of business and any supplemental lots;
(11)
A statement that the applicant is either franchised by a manufacturer of vehicles, in which
case the name of each vehicle that the applicant is franchised to sell shall be included or
is a used vehicle dealer;
(12)
A list of financial references;
(13)
A certification that neither the applicant, nor any other partner, member, officer, or
financial supporter, has been convicted of a crime involving vehicle theft or fraud in the
last five years;
(14)
Such other information as the department may require;
(15)
Verification as to the accuracy of the information provided by the applicant;
(16)
A certificate that the applicant has obtained a public liability insurance policy of not less
than three hundred thousand dollars; and
(17) For any emergency vehicle dealer whose principal place of business is not located in South
Dakota, proof it is a licensed dealer in another state and has no outstanding dealer
violations.
Source: SL 1986, ch 250, § 7; SL 1990, ch 242, § 1; SL 1998, ch 175, § 3.
Source: SL 1986, ch 250, § 7; SL 1990, ch 242, § 1; SL 1998, ch 175, § 3.