Current through September 2, 2024
Section 39.02.03.100 - GENERAL PROVISIONS01.Physical or Electronic Records System Inspection. A vehicle dealer shall make available all books, records and files maintained at the dealership location for immediate inspection for cause or complaint, or within three (3) business days if records are stored at an approved off-site location for random compliance review by a peace officer or authorized agent of the Department.02.Title Fee Disclosure. A dealer may reflect the payment of a state-required title fee as specified by Section 49-202(2)(b), Idaho Code, however: a. The fee must be clearly identified as a "TITLE FEE";b. The fee must be shown as the exact amount required by law;c. Any documentation fees charged must be clearly listed separately from other fees and identified to the customer as dealer document preparation fees that are subject to sales tax as part of the purchase price of the vehicle.03.Surety Bond. A valid bond in the amount required by Section 49-1608D, Idaho Code, for three (3) years after initially licensed, unless otherwise provided by code;04.Idaho Consumer Asset Recovery (ICAR) Fund.a. All licensed dealers will pay the annual fee as set by the Idaho Consumer Asset Recovery (ICAR) Board as required by Section 49-1608C, Idaho Code, unless otherwise provided by code.b. The ICAR fund fee will be set by the ICAR Board annually to be effective the following January 1. Such fee shall be posted on the Department web site and all applicable forms for dealer licensing.05.Liability Insurance. A valid liability insurance policy as required by Section 49-1608A, Idaho Code.06.Declared Business Hours. All licensed dealers shall declare in writing to the Department the regular business hours that their dealerships are open and when they are available to be contacted by the Department or their customers. All wholesale dealers shall declare in writing to the department the regular hours that their dealerships are open and when they are available to be contacted by the department or their customers.07.Vehicle Dealer License Suspension. Any dealer not meeting the requirements of the Vehicle Dealer Act shall be subject to suspension of an existing dealer license or refusal by the Department to issue a new dealer license. a. The Department's agent will give written notice of deficiencies to the dealer or applicant.b. At its discretion the Department may give the licensed dealership a reasonable amount of time to comply.c. Upon compliance, the license will be reinstated or issued.Idaho Admin. Code r. 39.02.03.100