Utah § 41-3-207.5 - Liquidation of inventory for suspended used motor vehicle dealers.

Full text of Utah Utah Code § 41-3-207.5 — Liquidation of inventory for suspended used motor vehicle dealers., with citation guidance and answers to common questions.

§ 41-3-207.5. Liquidation of inventory for suspended used motor vehicle dealers.

41-3-207.5.  Liquidation of inventory for suspended used motor vehicle dealers.
(1) A used motor vehicle dealer whose used motor vehicle dealer's license has been suspended may liquidate any remaining inventory by selling the remaining used motor vehicles to:
(a) a licensed auto auction;
(b) another licensed motor vehicle dealer; or
(c) to any person, but only after the used motor vehicle has been titled in the name of the owner, partner, or corporate officer of the used motor vehicle dealer for at least 12 months.
(2) A dealer may sell inventory under Subsections (1)(a) and (b) for up to 90 days from the date the dealer's used motor vehicle dealer's license was suspended.


Enacted by Chapter 388, 2008 General Session

Source: official Utah text · Last verified 2026-08-27

Related Utah Legal Topics

Frequently Asked Questions About Utah § 41-3-207.5

What does Utah Code § 41-3-207.5 cover?

Section 41-3-207.5 ("Liquidation of inventory for suspended used motor vehicle dealers.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 41-3-207.5?

A common citation format is "Utah Code § 41-3-207.5" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 41-3-207.5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.