Each person applying for a motor vehicle salvage dealer license or a salvage motor vehicle auction license or a salvage motor vehicle pool license shall make out and deliver to the registrar of motor vehicles, upon a blank to be furnished by the registrar for that purpose, a separate application for license for each county in which the business is to be conducted. The application for each type of license shall be in the form prescribed by the registrar and shall be signed and sworn to by the applicant. The application for a license for a motor vehicle salvage dealer, a salvage motor vehicle auction, or salvage motor vehicle pool, in addition to other information as is required by the registrar, shall include the following:
(A) Name of applicant and location of principal place of business;
(B) Name or style under which business is to be conducted and, if a corporation, the state of incorporation;
(C) Name and address of each owner or partner and, if a corporation, the names of the officers and directors;
(D) The county in which the business is to be conducted and the address of each place of business therein;
(E) A financial statement of the applicant showing the true financial condition as of a date not earlier than six months prior to the date of the application;
(F) A statement of the previous history, record, and association of the applicant and of each owner, partner, officer, and director, which statement shall be sufficient to establish to the satisfaction of the registrar the reputation in business of the applicant;
(H) A statement showing whether the applicant has previously applied for a license under this chapter and the result of the application, and whether the applicant has ever been the holder of any such license which was revoked or suspended;
(I) If the applicant is a corporation or partnership, a statement showing whether any of the partners, officers, or directors have been refused a license under this chapter, or have been the holder of any such license which was revoked or suspended.
Amended by 129th General AssemblyFile No.131,SB 337, §1, eff. 9/28/2012.
Effective Date: 09-17-1986