Chapter 681-5 CHANGES
Should a currently licensed dealer change the name of the dealership as licensed by the Division, he shall be required to submit a Request for Change of Name form within thirty (30) days of the change of name.
|(1)||In the event the location of the business is changed, the dealer shall, within thirty (30) days of the relocation, submit a Change of Location request form and submit appropriate photographs as required by Rule 681-3-.02.|
|(2)||Provided the new location meets the requirements of the Act and the Rules, the Division shall approve the change of location without charge; however, a fee shall be charged for reprinting the license.|
|(3)||If the new location fails to meet the requirements, the licensee shall be given thirty (30) days to comply with the Act and these Rules. Thereafter, the licensee shall cease to operate as a used car dealer until the requirements have been met.|
|(4)||Division approval of a change of location cancels the rights of the licensee to do business at the previous location.|
|(5)||If a licensee's location is vacated for thirty (30) days without application for change of address a hearing for revocation of the license may be called.|
Within thirty (30) days of any change in ownership of the business, partnership, association, or corporation, a new application shall be submitted to the Division. The Division shall be provided with thirty (30) days written notice of any change in the registered agent of the corporation. The notice shall include the name, address, and telephone number of the current registered agent.