Vermont § 450a - Dealer registration; eligibility

§ 450a. Dealer registration; eligibility

• (a) A person shall not be eligible to register as a dealer unless the person: (1) Has no previous record of willful violations of dealer laws or rules in this or any
  other jurisdiction. (2) For initial and renewal applicants, has not had a conviction or been incarcerated
  for a conviction for extortion, forgery, fraud, larceny, or embezzlement in this or
  any other jurisdiction within the 10 years prior to the application. (3) Has no unsatisfied judgments against the person arising out of violations of consumer
  protection laws in Vermont or any other jurisdiction. (4) Owns real estate (as defined in 1 V.S.A. § 132) as his or her place of business or has a lease with an expiration date not earlier
  than the last day of the registration year for which registration is sought under
  the provisions of this subchapter, which includes a building of at least 1,200 square
  feet in size used primarily for the business of the dealership. The building shall
  have adequate facilities for the maintenance of the records required by law to be
  kept including those required by section 466 of this title. (b) In addition to the requirements of subsection (a) of this section, a person shall
  not be eligible to register as a dealer in cars, motor trucks, motorcycles, or motor-driven
  cycles unless the person presents proof of compliance with the provisions of section 800 of this title at the time application for registration is made. (c) In addition to the requirements of subsections (a) and (b) of this section, a person
  shall not be eligible to register as a dealer in cars or motor trucks unless the person
  is open for business at least 146 days during the calendar year. The applicant shall
  provide the Commissioner with the hours of operation of the business that the person
  shall maintain during the registration period at the time of the application. (Added 2015, No. 50, § 2; amended 2025, No. 18, § 38, eff. May 13, 2025.)