Loading chat...
FL S1726
Bill
AI Summary
-
Defines "independent motor vehicle sales agent" as a person associated with a motor vehicle dealer who invests 50 percent or more of a vehicle's cost and is not a bona fide employee.
-
Requires independent motor vehicle sales agents to obtain a separate license and complete a 6-hour training course, pass an exam, maintain valid driver license, carry garage liability insurance, and have no felony convictions in the past 10 years.
-
Sets the independent motor vehicle sales agent license fee at no more than 50 percent of the motor vehicle dealer license fee ($300), with renewal and other fees proportionally reduced.
-
Establishes license expiration date of April 30 annually for independent motor vehicle sales agents, aligning with other independent and wholesale dealers.
-
Applies existing motor vehicle dealer regulations to independent motor vehicle sales agents, including surety bond requirements, record-keeping, title transfer procedures, and grounds for license denial, suspension, or revocation.
Legislative Description
Motor Vehicle Dealers
Last Action
Died in Transportation
5/3/2013