Statutes, codes, and regulations
Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDSPart V - Automotive IndustrySubpart 2 - Used Motor Vehicles
Chapter 29 - Licenses to be Issued by the Used Motor Vehicle Commission
Section V-2904 - Additional Licensing, Requirements for the Automotive Dismantler and Parts Recycler and Used Parts and Accessories Dealers

La. Admin. Code tit. 46 § V-2904

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Current through Register Vol. 50, No. 9, September 20, 2024
Section V-2904 - Additional Licensing, Requirements for the Automotive Dismantler and Parts Recycler and Used Parts and Accessories Dealers
A. Every automotive dismantler and recycler issued an automotive dismantler's license and number will be permitted to purchase and sell salvage vehicles and transfer motor vehicle titles for the purpose of dismantling and selling the parts thereof to include the salvaged vehicle with title.
B. An automotive dismantler and parts recycler may offer a rebuilt, wrecked, abandoned or repairable motor vehicle at wholesale only. If such vehicle is offered for sale at retail, the dismantler will be operating as a used motor vehicle dealer and is subject to licensing requirements and used motor vehicle dealer rules and regulations thereof. However, an automotive dismantler and parts recycler, duly licensed by the commission, shall have the authority to transfer the certificate of title as dealer under the Louisiana Certificate of Title Law, (i.e., transfer to another dealer without payment of tax). In order to sell a vehicle at retail, an automotive dismantler and parts recycler must be licensed hereunder as a used motor vehicle dealer providing a good and sufficient bond, executed by the applicant as principal by a surety company qualified to do business as surety in the sum of $50,000.
C. At least one salespersons license shall be issued for each business. License fees charged and received by the commission shall be the same as for all other salespersons licensed by the commission as described in R.S. 32:781(14).
D. Used parts and accessories are broadly defined as any item removed from a used motor vehicle for the purpose of resale.
E. License fees charged and received by the commission for licenses issued on dealers in this section shall be the same as for all other dealers licensed by this agency.
F. At least one salespersons license shall be issued for each place of business. License fees charged and received by the commission shall be the same as for all other salesmen licensed by the commission as described in this section.
G. A surety bond will not be required for dealers whose principal business is selling used parts.

La. Admin. Code tit. 46, § V-2904

Promulgated by the Department of Commerce, Used Motor Vehicle and Parts Commission, LR 11:1063 (November 1985), amended by Department of Economic Development, Used Motor Vehicle and Parts Commission, LR 20:535 (May 1994), promulgated LR 20:645 (June 1994), LR 24:1683 (September 1998), amended LR 25:245 (February 1999), amended by the Office of the Governor, Recreational and Used Motor Vehicle Commission, LR 30:2481 (November 2004), LR 33:1634 (August 2007), Amended by the Office of the Governor, Used Motor Vehicle Commission, LR (October 2019), LR 47231 (2/1/2021).
AUTHORITY NOTE: Promulgated in accordance with R.S. 32:802.