(A) Every dealer or wholesaler shall keep complete records of each transaction under which a motor vehicle is transferred for a period of not less than four years from the date of the transaction. The records must show the true name and correct address of the person or persons from whom the motor vehicle was acquired and the date of the transaction; a correct description of the vehicle, when transferred; the true name and correct address of the person to whom the motor vehicle was transferred; and the date of the transaction. The description of the motor vehicle must include the vehicle identification number, make, model, type of body, and the odometer readings at the time the motor vehicle was transferred to and from the dealer or wholesaler. These records must be open at all reasonable times for inspection and copying by the Department of Motor Vehicles or any of its duly authorized agents.
(B) The records kept by the dealer or wholesaler must be maintained in a reasonably organized and orderly fashion with all entries being legible to the ordinary person upon inspection. Any records which are illegible or incapable of accurate interpretation by either the recordkeeper or the department's inspector or agent are not in compliance with this section.
(C) If any dealer or wholesaler fails to keep the required records or fails to make them available to the department or its duly authorized agents immediately upon a reasonable request, the dealer or wholesaler is guilty of a misdemeanor and, upon conviction, must be fined not less than fifty dollars nor more than two hundred dollars or imprisoned for up to thirty days. The failure to keep or to make available to the department or its duly authorized agents complete records on each separate motor vehicle constitutes a separate offense.
HISTORY: 1983 Act No. 118 Section 12; 1996 Act No. 459, Section 226.
Structure South Carolina Code of Laws
Chapter 15 - Regulation Of Manufacturers, Distributors And Dealers
Section 56-15-10. Definitions.
Section 56-15-20. Persons subject to chapter and jurisdiction of courts; service of process.
Section 56-15-35. Consumer data.
Section 56-15-46. Notice of intent to establish or relocate competing dealership; injunction.
Section 56-15-60. Fulfillment of warranty agreements; dealers' claims for compensation.
Section 56-15-65. Requiring change of location or alteration of dealership.
Section 56-15-70. Certain unreasonable restrictions on dealers or franchisees unlawful.
Section 56-15-75. Requiring dealer to refrain from acquiring another line of new motor vehicles.
Section 56-15-80. Agreements to which chapter applies.
Section 56-15-85. Electronic sale of vehicles.
Section 56-15-96. Measurement of dealership performance; burden of proof.
Section 56-15-100. Discounts, refunds, and other inducements to dealers.
Section 56-15-110. Suits for damages.
Section 56-15-120. Limitation of actions.
Section 56-15-130. Contracts in violation of chapter void.
Section 56-15-310. License required; term of license; fee; scope of license; penalty for violation.
Section 56-15-315. Off-site displays of automobiles or trucks.
Section 56-15-330. Facilities required for issuance of dealer's license.
Section 56-15-350. Denial, suspension, or revocation of license; grounds; procedure.
Section 56-15-410. Required pre-licensing education courses.
Section 56-15-420. Promulgation of regulations.
Section 56-15-440. Applicability to dealers engaged primarily in motor vehicle salvage.
Section 56-15-450. Applicability to dealers primarily engaged in rental of motor vehicles.
Section 56-15-510. Definitions.
Section 56-15-530. Buying or selling motor vehicles in name of wholesale motor vehicle auction.
Section 56-15-550. Sales through auction of motor vehicles acquired incident to regular business.
Section 56-15-560. Application for license for wholesale motor vehicle auction; fee.
Section 56-15-570. Surety bond required.
Section 56-15-580. Change of information on application must be reported.
Section 56-15-590. Establishment and retention of records.
Section 56-15-600. Wholesale motor vehicle auction license plates.