106-604. License fee; bond required; exemption.
All applications shall be accompanied by an initial or renewal license fee of fifty dollars ($50.00) plus thirty dollars ($30.00) per certificate or decal for each separate buying station or truck and a good and sufficient bond in the amount of one hundred thousand dollars ($100,000) to satisfy the initial license application. A fee of five dollars ($5.00) shall be charged for each duplicate license, certificate or decal. "Cash buyers" upon written request to the Commissioner showing proof satisfactory to the Commissioner that the person is a "cash buyer" under this Article shall be exempted from the bonding requirements of this section. The exemption shall be granted within 20 days of the receipt of the exemption request or unless the Commissioner requests the dealer to provide additional necessary information or unless the request is denied. (1973, c. 665, s. 4; 1989, c. 544, s. 1; 2013-102, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 106-603 - Application for license or renewal thereof.
§ 106-604 - License fee; bond required; exemption.
§ 106-605 - Execution, terms and form of bond; action on bond.
§ 106-606 - Posting of license; decal on truck, etc.
§ 106-607 - Renewal of license.
§ 106-608 - Disposition of fees.
§ 106-609 - Records to be kept by dealers; uniform scale ticket.
§ 106-610 - Grounds for refusal, suspension or revocation of license.
§ 106-611 - Procedure for denial, suspension, or revocation of license; effect of revocation.
§ 106-612 - Commissioner's authority to investigate.
§ 106-613 - Rules and regulations.
§ 106-614 - Violation a misdemeanor.
§ 106-615 - Operation without license unlawful; injunction for violation.