61-4-106. Transfer of license. A registered dealer, broker, auto auction, or wholesaler who sells or disposes of the dealer's, broker's, auto auction's, or wholesaler's entire business to another person or seeks to change the applicant's name, ownership interest in the business, corporate officer or managing member of the business entity, or a person designated by the applicant to manage or oversee the applicant's business shall file with the department a statement containing the name of the registered dealer, broker, auto auction, or wholesaler, the number under which the business is registered, the name of the purchaser, and the location of the place of business sold. Upon the filing of the statement, and a new license application form as originally required under 61-4-101, along with a filing fee of $2, the department shall examine the license application of the purchaser as required under 61-4-101.
History: En. Sec. 6, Ch. 75, L. 1917; amd. Sec. 2, Ch. 207, L. 1919; amd. Sec. 1, Ch. 199, L. 1921; re-en. Sec. 1760, R.C.M. 1921; amd. Sec. 1, Ch. 107, L. 1923; amd. Sec. 1, Ch. 88, L. 1927; amd. Sec. 1, Ch. 182, L. 1929; amd. Sec. 1, Ch. 103, L. 1933; amd. Sec. 1, Ch. 38, Ex. L. 1933; re-en. Sec. 1760, R.C.M. 1935; amd. Sec. 1, Ch. 138, L. 1937; amd. Sec. 1, Ch. 125, L. 1939; amd. Sec. 2, Ch. 154, L. 1943; amd. Sec. 2, Ch. 200, L. 1945; amd. Sec. 1, Ch. 201, L. 1945; amd. Sec. 1, Ch. 221, L. 1951; amd. Sec. 1, Ch. 215, L. 1953; amd. Sec. 1, Ch. 41, L. 1955; amd. Sec. 228, Ch. 147, L. 1963; amd. Sec. 1, Ch. 178, L. 1963; amd. Sec. 30, Ch. 121, L. 1965; amd. Sec. 12-105, Ch. 197, L. 1965; amd. Sec. 4, Ch. 226, L. 1971; amd. Sec. 2, Ch. 243, L. 1977; R.C.M. 1947, 53-122(part); amd. Sec. 1, Ch. 503, L. 1985; amd. Sec. 7, Ch. 383, L. 1991; amd. Sec. 1940, Ch. 56, L. 2009; amd. Sec. 3, Ch. 143, L. 2019.
Structure Montana Code Annotated
Chapter 4. Sales and Distribution of Motor Vehicles
61-4-101. Types of licenses and terms -- common application -- bonds -- zoning
61-4-102. Dealer plates -- restriction of use -- fees
61-4-104. Record of purchase or sale
61-4-105. Criminal penalty -- civil penalty imposed by agency
61-4-107. Cease and desist order
61-4-109. Privileges incident to license -- withdrawal upon certain conditions
61-4-111. Used vehicles -- transfer to and from dealers
61-4-112. New motor vehicles -- transfers by dealers
61-4-113. New motor vehicles towed into state to be labeled
61-4-122. Compliance specialists as peace officers
61-4-123. Dealer requirements and restrictions
61-4-125. Wholesaler restrictions -- demonstrator plates -- annual report
61-4-126. Claims against dealer, broker, wholesaler, or auto auction bonds
61-4-127. Broker requirements -- restrictions -- annual report -- fees
61-4-129. Assignment of demonstrator plates
61-4-130. Courtesy license plates -- issuance -- restrictions on use
61-4-132. Right of designated family member to succeed in dealership ownership
61-4-133. Refusal to honor succession to ownership -- notice required
61-4-134. Procedure to determine right to succeed
61-4-135. Written designation of succession unaffected
61-4-136. Violation -- penalty
61-4-138. through 61-4-140 reserved
61-4-143. Unlawful curbstoning of vehicle for sale
61-4-144. through 61-4-149 reserved
61-4-150. Sale, transfer, or exchange of dealership -- notice -- response to notice