C.R.S.
Section 44-20-109
Temporary motor vehicle dealer license
(1)
Intentionally left blank —Ed.(a)
If a licensed motor vehicle dealer has entered into a written agreement to sell a dealership to a purchaser and the purchaser has been awarded a new dealership franchise, the board may issue a temporary motor vehicle dealer’s license to the purchaser or prospective purchaser. The director shall issue the temporary license only after the board has received the applications for both a temporary motor vehicle dealer’s license and a motor vehicle dealer’s license, the appropriate application fee for the motor vehicle dealer’s application, evidence of a passing test score, and evidence that the franchise has been awarded to the applicant by the manufacturer.(b)
A temporary motor vehicle dealer’s license authorizes the licensee to act as a motor vehicle dealer. Temporary licensees are subject to this article 20 and to all applicable rules adopted by the executive director or the board. A temporary motor vehicle dealer’s license is effective for up to sixty days or until the board acts on the licensee’s application for a motor vehicle dealer’s license, whichever is sooner.(2)
For the purpose of enabling an out-of-state dealer to sell vehicles on a temporary basis during specifically identified events, the director may issue, upon direction by the board, a temporary motor vehicle dealer’s license, which is effective for thirty days. The temporary licensee is subject to the rules adopted by the executive director or the board.
Source:
Section 44-20-109 — Temporary motor vehicle dealer license, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-44.pdf (accessed Oct. 20, 2023).
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