1. (a) The secretary shall prescribe recordkeeping forms to be used by an automotive salvage recycler licensed under this article to preserve information about salvage vehicles or major component parts acquired or sold by the business.

2. (b) The recordkeeping forms required under subsection (a) must contain the following information:

   1. (1) For each new or used vehicle acquired or disposed of or for the major component parts of a new or used vehicle, the following:

      1. (A) A description of the vehicle or major component part, including numbers or other marks identifying the vehicle or major component part.
      2. (B) The date the vehicle or major component part was acquired and disposed of.
      3. (C) The name and address of the person from whom the vehicle or major component part was acquired.
      4. (D) Verification of the purchaser of the vehicle or major component part by confirming the purchaser's identity by a driver's license, a state identification card, or other reliable means.

   2. (2) For vehicles acquired or disposed of, in addition to the information required by subdivision (1), the following:

      1. (A) The vehicle's trade name.
      2. (B) The vehicle's manufacturer.
      3. (C) The vehicle's type.
      4. (D) The model year and vehicle identification number.
      5. (E) A statement of whether any number has been defaced, destroyed, or changed.
   3. (3) For wrecked, dismantled, or rebuilt vehicles, the date the vehicle was dismantled or rebuilt.
3. (c) Separate records for each vehicle or major component part must be maintained.
4. (d) The recordkeeping requirements of this section do not apply to hulk crushers or to scrap metal processors when purchasing scrap from a person that is licensed under this article and that is required to keep records under this section.

5. (e) An automotive salvage recycler licensed under this article that knowingly or intentionally fails to:

   1. (1) maintain records regarding salvage vehicles or major component parts acquired or sold by the business; or

   2. (2) maintain records regarding salvage vehicles or major component parts on forms that comply with subsection (b);

      commits a Class A infraction.

6. (f) Records required to be maintained under this section may be maintained in any form of data storage acceptable to the secretary if the records are readily accessible and available to copy by an investigating or auditing employee of the secretary upon demand at the established place of business.

As added by P.L.179-2017, SEC.64.