23-2-818. Dealer registration certificate -- use of fees. (1) Unless the dealer is licensed under the provisions of 61-4-101, a dealer may not sell off-highway vehicles unless he has first obtained a dealer registration certificate from the department of justice under the provisions of this section.
     (2) The dealer application for registration or renewal of registration must be accompanied by an application or renewal fee of $5 and a registration fee of $5. To qualify for the fees in this subsection, the applicant for renewal shall certify that he has sold three or more off-highway vehicles during the preceding year. Upon receipt of the dealer application or renewal and payment of fees, the dealer must be issued two dealer off-highway identification cards to be carried by the dealer or the dealer's customer when demonstrating the dealer's off-highway vehicles. Additional dealer off-highway vehicle identification cards may be purchased by the dealer from the department of justice for a fee of $2 each.
     (3) No bond is required of the dealer.
     (4) The dealer shall have a principal place of business where he maintains all his business records and where he displays and sells merchandise.
     (5) An applicant for renewal of an off-highway vehicle dealer registration who does not qualify under subsection (2) shall:
     (a) pay an additional $50 renewal registration fee; and
     (b) provide a copy of a new off-highway vehicle franchise or sales agreement that he has with a manufacturer, importer, or distributor.
     (6) Dealer registration certificates and identification cards expire on December 31 following the date of issuance.
     (7) (a) The dealer application fees and all interest accruing from use of this money must be deposited in the general fund to be used by the department of justice for the administration of this part.
     (b) All dealer registration fees and renewal fees collected must be deposited in the account provided in 23-2-804(3). This money and the interest earned on it must be used for off-highway vehicle safety and education programs.

     History: En. Sec. 12, Ch. 599, L. 1989; amd. Sec. 14, Ch. 398, L. 1989.