W. Va. Code R. § 110-13FF-10

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-13FF-10 - Duties of the qualified charitable organization

10.1. The qualified charitable organization operating a program for distribution of vehicles under this rule shall assist program participants by:

10.1.1. Providing, for no consideration, or at a price below the fair market value and affordable to the program participant, a suitable vehicle from the qualified charitable organization's stock or inventory of donated vehicles; or

10.1.2. If the participant chooses to purchase a vehicle deemed suitable by the qualified charitable organization through a dealer, the qualified charitable organization shall:

10.1.2.a. Guide the program participant in locating a suitable vehicle for purchase within the statewide new or used car market;

10.1.2.b. Negotiate with and on behalf of the program participant as necessary to obtain a suitable vehicle at a price determined to be affordable to the program participant by the qualified charitable organization;

10.1.2.c. Negotiate with and on behalf of the program participant as necessary to obtain below-market financing from a cooperating financial institution for the purchase of a vehicle determined to be suitable for the program participant by the qualified charitable organization.

10.2. Qualified charitable organizations shall enter into agreements with cooperating financial institutions to provide below-market financing for the purchase of suitable vehicles for program participants.

10.3. A qualified charitable organization, or any of its officers, employees, or volunteers shall neither solicit nor accept any payment, direct or indirect, from a cooperating financial institution or a new or used car dealer for acting as an intermediary in assisting a program participant in obtaining a suitable vehicle, or financing for the purchase thereof.

W. Va. Code R. § 110-13FF-10