La. Admin. Code tit. 46 § V-3101

Current through Register Vol. 50, No. 11, November 20, 2024

Section V-3101 - Qualifications and Eligibility for Licensure

A. The Commission, in determining the qualifications and eligibility of an applicant for a salesperson license, will base its determinations upon the following factors:

1. The applicant's business integrity.

2. A license for a salesperson will not be issued, renewed or endorsed until the employing dealer is licensed and has certified that the applicant for said license is in his employ and applicant is listed on the insurance statement and covered under the dealer's garage liability insurance policy. All salespersons licenses will be sent to the dealer for distribution to the respective applicants, and the dealer will determine that all its personnel required to obtain licenses have done so.

B. A salespersons license shall include the name, address, name of employer, date, signature of the executive director, salespersons license number prefixed with SM, followed by an electronic number.

C. A salesperson may not hold more than one salespersons license at any one time or be employed by or sell for, any dealer other than the dealer and at the address designated on the salespersons license, with the exception that the licensed dealer has more than one place of business. The licensed dealer and licensed salesperson may sell on each place of business properly licensed as additional places of business, provided the additional places of business are in the same name as the principal place of business.

La. Admin. Code tit. 46, § V-3101

Promulgated by the Department of Commerce, Used Motor Vehicle and Parts Commission, LR 11:1063 (November 1985), amended by the Department of Economic Development, Used Motor Vehicle and Parts Commission, LR 15:258 (April 1989), LR 25:245 (February 1999), amended by the Office of the Governor, Recreational and Used Motor Vehicle Commission, LR 30:2481 (November 2004), LR 33:1635 (August 2007), amended by the Office of the Governor, Used Motor Vehicle Commission, LR 36:2289 (October 2010), Amended by the Office of the Governor, Used Motor Vehicle Commission LR (October 2019), LR 47232 (2/1/2021).

AUTHORITY NOTE: Promulgated in accordance with R.S. 32:781(14).