PURPOSE: This rule sets out specific requirements to obtain a wholesale motor vehicle dealer class license.

1. (1) Any person desiring to become licensed as a wholesale motor vehicle dealer shall obtain a license application form from the commission and shall submit to the office of the commission the fully completed form along with any required fees.
2. (2) The application form shall include a form for certification by an authorized law enforcement officer that the applicant has a bona fide established place of business. Arranging for a law enforcement officer to inspect the place of business and to make the certification is the responsibility of the applicant for licensure or licensee.

3. (3) A corporate surety bond or an irrevocable letter of credit as required by section 301.560(4), RSMo shall be included with the application form for an original, first-time license.

   (2/28/92)* Rebecca McDowell Cook

4. (4) The applicant or licensee shall provide the commission with the business address, not a post office box, and telephone number of the place where the books, records, files or other matters required and necessary to conduct the business are located.
5. (5) To be eligible for unissued licensure, an applicant must intend to sell at least six (6) motor vehicles during a calendar year and provide evidence at the request of the commission. A person who has sold six (6) motor vehicles during any calendar year must apply for licensure to continue in business as or act as a wholesale motor vehicle dealer in the calendar year when the sales were made or any subsequent calendar year. A person who continues to engage in business as or act as a wholesale motor vehicle dealer after selling seven (7) motor vehicles in one (1) calendar year without obtaining a license is guilty of a class A misdemeanor under section 301.570, RSMo. For renewal of license a wholesale motor vehicle dealer must have proof of six

6. (6) sales of motor vehicles in the previous calendar year. The commission will prorate the six (6) sales of a motor vehicle in accordance to the following schedule:

   1. (A) After March 1—five (5) motor vehicles;
   2. (B) After May 1—four (4) motor vehicles;
   3. (C) After July 1—three (3) motor vehicles;
   4. (D) After September 1—two (2) motor vehicles; and
   5. (E) After November 1—one (1) motor vehicle.

AUTHORITY: section 301.553, RSMo (Cum. Supp. 1989).* Original rule filed July 10, 1989, effective Sept. 28, 1989.

*Original authority 1988, amended 1989.