Michigan Compiled Laws
300-1949-II-DEALERS-AND-WRECKERS-MUST-BE-LICENSED - Dealers and Wreckers Must Be Licensed (257.248...257.251e)
Section 257.248d - Wholesaler; Requirements.

***** 257.248d THIS SECTION IS AMENDED EFFECTIVE JANUARY 23, 2023: See 257.248d.amended *****
Sec. 248d.
All of the following requirements apply to a wholesaler:
(a) A wholesaler shall not advertise vehicles for sale on the internet or any classified listing unless the advertisement clearly discloses the wholesaler's license classification and clearly states that any purchaser shall be a licensed vehicle dealer.
(b) A wholesaler shall buy or sell not less than 24 vehicles in this state each year to retain possession of a wholesaler license.
(c) A wholesaler shall maintain an established place of business in this state that satisfies the conditions listed in section 14(3).
(d) A wholesaler shall maintain and adhere to designated business hours that are filed with the secretary of state.
History: Add. 2012, Act 498, Eff. Mar. 28, 2013 Compiler's Notes: Former MCL 257.248d, which pertained to a study pertaining to reducing auto theft and comprehensive premiums, was repealed by Act 304 of 1992, Imd. Eff. Dec. 21, 1992.

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 257 - Motor Vehicles

Act 300 of 1949 - Michigan Vehicle Code (257.1 - 257.923)

300-1949-II - Chapter II Administration, Registration, Certificate of Title and Anti-Theft (257.201...257.259)

300-1949-II-DEALERS-AND-WRECKERS-MUST-BE-LICENSED - Dealers and Wreckers Must Be Licensed (257.248...257.251e)

Section 257.248 - Dealer License; Investigation; Report; Bond or Bond Renewal Certificate; Dealer Plates; Stipulation as to Service of Process; Prohibited Conduct; Application; Supplemental Dealer License; Eligible Used Dealer License; Classification...

Section 257.248.amended - Dealer License; Investigation; Report; Bond or Bond Renewal Certificate; Dealer Plates; Stipulation as to Service of Process; Prohibited Conduct; Application; Supplemental Dealer License; Eligible Used Dealer License; Classi...

Section 257.248a - Vehicle Dealer; Prohibited Advertising or Representations; Designated Business Hours.

Section 257.248b - Foreign Salvage Vehicle Dealer License; Form and Contents of Application; Division of Dealer Licensees Into Quarter Segments; Expiration and Renewal of License; Investigations; Stipulation as to Service of Process.

Section 257.248c - Sale, Transfer, or Release of Distressed Late Model Vehicle by Vehicle Salvage Pool, Auction, or Broker; Release of Vehicle; Release Statement; Notice to Owner and Lienholder; Sale of Vehicle for Parts.

Section 257.248d - Wholesaler; Requirements.

Section 257.248d.amended - Wholesaler; Requirements.

Section 257.248e - Salvage Vehicle Agent License.

Section 257.248f - Vehicle Dealer or Salvage Vehicle Agent License; Criminal History Check; Fingerprints; Disclosure of Information; Violation of Subsection (7) as Misdemeanor; "Criminal History Record Information" Defined.

Section 257.248g - Salvage Vehicle Agent; Duties.

Section 257.248h - Persons Engaged in Prohibited Conduct; Penalties; Refusal to Issue or Renew License; Revocation or Suspension of License; Denial or Revocation of License Without Hearing.

Section 257.248i - Attending Pool or Auction Selling Salvage or Scrap Titled Vehicles.

Section 257.248j - Acting as Dealer Without License; Warning; Administrative Fine; Notice of Assessment; Actions; Informal Conference; Administrative Hearing; Payment of Administrative Fine; Reduction.

Section 257.248k - Mobility Dealer Endorsement.

Section 257.248l - Dealer Training Programs; Requirements; Trained Individual at Each Retail Location; Exceptions; Training by Qualified Trade Organizations; Application Process; Compliance Monitoring; Renewal Limitation; Fees; Dealer Training Progra...

Section 257.249 - Denial, Suspension, or Revocation of License as Dealer; Grounds.

Section 257.249a - Denial, Suspension, or Revocation of License as Automotive Recycler, Used or Secondhand Vehicle Parts Dealer, Vehicle Scrap Metal Processor, or Foreign Salvage Vehicle Dealer; Grounds.

Section 257.250 - Vehicle Dealer's Licensee; Procedure for Denial, Suspension, Revocation.

Section 257.250.amended - Vehicle Dealer's Licensee; Procedure for Notification, Investigation, Denial, Suspension, Revocation.

Section 257.250a - Placement of License on Probation; Conditions

Section 257.250b - Cease and Desist Order.

Section 257.250c - Other Lawful Remedies and Sanctions.

Section 257.251 - Dealer Records; Maintenance; Manner; Contents; Odometer Mileage Statement; Delivery of Written Statement to Buyer; Conditions to Valid Sale; Maintenance and Inspection of Dealer Records and Inventory; Inspections; Summary Suspension...

Section 257.251.amended - Dealer Records; Maintenance; Manner; Contents; Odometer Mileage Statement; Delivery of Written Statement to Buyer; Conditions to Valid Sale; Maintenance and Inspection of Dealer Records and Inventory; Inspections; Summary Su...

Section 257.251a - Copies of Documents.

Section 257.251b - Renting, Leasing, or Furnishing Motorcycle; License to Operate Required.

Section 257.251c - Renting, Leasing, or Furnishing Motorcycle; Duties of Dealer.

Section 257.251d - Renting, Leasing, or Furnishing Motorcycle; License to Operate as Condition of Use by Third Party.

Section 257.251e - Renting, Leasing, or Furnishing Motorcycle; Motor Vehicle Liability Policy.