2014 Kentucky Revised Statutes
CHAPTER 190 - MOTOR VEHICLE SALES
190.032 Nonprofit motor vehicle dealers -- License and regulation requirements.
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<![CDATA[190.032 Nonprofit
requirements.
(1)
(2)
(3)
(4)
motor
vehicle
dealers
--
License
and
regulation
A nonprofit organization, prior to engaging in the business of a nonprofit motor
vehicle dealer, shall obtain a nonprofit motor vehicle dealer license from the
commission.
A nonprofit motor vehicle dealer and persons who act as salespersons for a
nonprofit motor vehicle dealer shall be licensed and regulated by the
commission under the provisions of this chapter, except that a nonprofit motor
vehicle dealer shall not be required to:
(a) Comply with KRS 190.030(7); or
(b) Comply with KRS 190.035.
A nonprofit motor vehicle dealer may sell vehicles only to:
(a) A person who is a client of the nonprofit organization;
(b) A person referred by other nonprofit organizations or governmental
agencies who meets the definition of client as defined in KRS 190.010; or
(c) A licensed motor vehicle dealer or automotive recycling dealer.
The commission shall promulgate administrative regulations in accordance
with KRS Chapter 13A to establish requirements for initial application for and
renewal of a license to be a nonprofit motor vehicle dealer and standards for
disability and disadvantaging condition. In addition, the commission may
promulgate additional administrative regulations that are necessary to
implement this section.
Effective:July 15, 2010
History: Created 2010 Ky. Acts ch. 43, sec. 1, effective July 15, 2010.
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