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27-14-1709. Definition.

Arkansas Code — all titles (historical 2020) · legal_authorities

27-14-1709. Definition.

27-14-1709. Definition. As used in this subchapter, “dealer” means a new motor vehicle dealer licensed under § 23-112-301 or a used motor vehicle dealer licensed under § 23-112-607 who is engaged in the sale of: (1) New motor vehicles; (2) Used motor vehicles; (3) Motorcycles or motor-driven cycles as defined under § 27-20-101; or (4) Motor homes.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-14-1709

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:27-14-1709
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 777809c3a281ee3251ee975c05a503493ee247b3814373cd00b23fe95621bf42

Source location: content.xml paragraph 3641

Stored source content

27-14-1709. Definition. As used in this subchapter, “dealer” means a new motor vehicle dealer licensed under § 23-112-301 or a used motor vehicle dealer licensed under § 23-112-607 who is engaged in the sale of: (1) New motor vehicles; (2) Used motor vehicles; (3) Motorcycles or motor-driven cycles as defined under § 27-20-101; or (4) Motor homes.

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Arkansas Code — all titles (historical 2020) · legal_authorities

23-112-301. License required.

23-112-301. License required. (a) Notwithstanding any other statute, the following acts are declared to be unlawful: (1) The violation of any of the provisions of this chapter; and (2) For any person to engage in business as, serve in the capacity of, or act as a new motor vehicle dealer, motor vehicle salesperson, motor vehicle lessor, manufacturer, importer, distributor, factory branch or division, distributor branch or division, factory representative, distributor representative, second-stage manufacturer, or converter, as such, in Arkansas without first obtaining a license therefor as provided in this chapter, regardless of whether or not the person maintains or has a place of business in Arkansas. (b) Any person, firm, association, corporation, or trust engaging, acting, or serving in more than one (1) of these capacities or having more than one (1) place where such a business is carried on or conducted shall be required to obtain and hold a separate and current license for each capacity and place of business. (c)(1) However, any licensed motor vehicle dealer shall not be required to obtain a license as a motor vehicle lessor for any location licensed as a motor vehicle dealer. (2) A motor vehicle lessor shall be required to obtain only one (1) motor vehicle lessor's license, regardless of the number of leasing locations he or she owns and operates but shall list each location on his or her application and pay a fee of fifty dollars ($50.00) for each location. (3) New lease locations opened after a license is issued shall be approved by the Arkansas Motor Vehicle Commission but shall not require a new license. (4) A motor vehicle lessor shall sell or offer for sale motor vehicles only from an established place of business and only after application

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-112-301

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-112-301. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-112-607. Dealer's license.

23-112-607. Dealer's license. (a)(1) Persons wishing to obtain a used motor vehicle dealer's license shall submit a fully executed application on such used motor vehicle dealer application forms as may be prescribed by the Department of Arkansas State Police. (2) The application shall be verified by the oath or affirmation of the applicant. (b) An applicant for a used motor vehicle dealer's license or a licensee seeking to renew a used motor vehicle dealer's license shall establish that he or she has sold at least five (5) used motor vehicles during the previous calendar year. (c) The department shall require in relation to the application the following information and verification prior to issuing a license certificate: (1) A photograph of the business location; (2) A corporate surety bond in the sum of at least twenty-five thousand dollars ($25,000); (3) Proof of liability insurance coverage on all vehicles to be offered for sale in an amount equal to or greater than the amount required by the Motor Vehicle Safety Responsibility Act, § 27-19-101 et seq.; (4) A list of the persons or entities having any ownership interest in the used vehicle dealership; (5) A list of salespersons to be employed; (6) That the applicant has a bona fide established place of business used primarily for the sale of used motor vehicles; (7) That the applicant has a telephone number listed in the name of the business; (8) That the applicant has a sign identifying the establishment as a used motor vehicle dealership legible from the street, road, or highway, and a picture thereof; (9) That the applicant has a filing cabinet or other repository adequate to secure the business records of the establishment under lock and key or combination; (10) Whether the applicant h

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-112-607

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-112-607. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

27-20-101. Definitions.

27-20-101. Definitions. As used in this subchapter: (1) “Motorcycle” means every motor vehicle having a seat or saddle for use of the rider and designed to travel on no more than three (3) wheels in contact with the ground and having a motor which displaces more than two hundred fifty cubic centimeters (250 cc); (2) “Motor-driven cycle” means every motor vehicle having a seat or saddle for use of the rider and designed to travel on no more than three (3) wheels in contact with the ground and having a motor which displaces two hundred fifty cubic centimeters (250 cc) or less, but this definition shall not include a motorized bicycle; (3)(A) “Motorized bicycle” means a bicycle with an automatic transmission and a motor which does not displace in excess of fifty cubic centimeters (50 cc). (B) “Motorized bicycle” does not include an electric bicycle as defined in § 27-51-1702; and (4) “Street or highway” means the entire width between property lines of every way or place of whatever nature when any part thereof is open to the use of the public, as a matter of right, for purposes of vehicular traffic.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-20-101

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 27-20-101. This identifies an authority to review, not proof of applicability.