Section 75IAC5-2-6. Transfer dealer license  


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  •    (a) To act as a transfer dealer, a person shall be licensed under this section.

      (b) The application must show that the applicant possesses the following:

    (1) A retail merchant certificate obtained from the department of revenue.

    (2) A federal identification number.

      (c) The application must show that the transfer dealer will operate from a place of business located in a permanent building. A tent, temporary stand, permanent quarters temporarily occupied, or residence does not qualify under this subsection.

      (d) The application must show the place of business has parking or storage facilities for at least ten (10) watercraft.

      (e) The application must include photographs of the place of business with the initial application under this section. The photographs must include the major sales, storage, and office space to be used by the transfer dealer. The photographs must be at least three (3) inches by five (5) inches large. The photographs must be updated if the place of business is moved or if its facilities are substantially altered or modified.

      (f) The applicant shall provide and maintain business liability insurance for its place of business under IC 9-31-4-7 [IC 9-31-4 was repealed by P.L.92-2013, SECTION 77, effective July 1, 2013.].

      (g) The applicant must provide a statement of the type and extent of the transfer dealer's business.

      (h) Except as otherwise provided in this section, the provisions under this rule applicable to a boat dealer also apply to a transfer dealer. (Secretary of State; 75 IAC 5-2-6; filed Jun 7, 1993, 10:00 a.m.: 16 IR 2357; readopted filed Jul 30, 2001, 10:31 a.m.: 24 IR 4232; readopted filed Nov 14, 2007, 1:31 p.m.: 20071212-IR-140070562RFA; readopted filed Nov 13, 2013, 3:25 p.m.: 20131211-IR-075130451RFA) NOTE: Transferred from the Bureau of Motor Vehicles (140 IAC 9-3-6) to the Secretary of State (75 IAC 5-2-6) by P.L.106-2008, SECTION 54, effective July 1, 2008.