State of Colorado Motor Vehicle Dealer Board Mastery Examination Questions and Answers 100% Correct
State of Colorado Motor Vehicle Dealer
Board Mastery... [Show More] Examination Questions and
Answers 100% Correct
The Motor Vehicle Dealer Board has among its members
Board is comprised of three (3) motor vehicle dealers, three (3) used motor vehicle
dealers, and three (3) public members
https://www.colorado.gov/pacific/enforcement/dealer-board-members-autoindustry-division
The Motor Vehicle Dealer Board is authorized and empowered to
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses
c. issue or deny motor vehicle dealer and salesperson licenses
d. all of the above
C. the administration, enforcement, issuance, and denial of licenses to motor
vehicle dealers, motor vehicle salespersons, used motor vehicle dealers, wholesale
motor vehicle auction dealers, and wholesalers
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mo
tor%20Vehicles%20laws.pdf
The executive director is hereby charged with the administration, enforcement, and
issuance or denial of the licensing of buyer agents, distributors, manufacturer
representatives, and motor vehicle manufacturers.
The Motor Vehicle Dealer Board is authorized and empowered to:
a. investigate any suspected or alleged violation by any motor vehicle salesperson
b. investigate any suspected or alleged violation by any motor vehicle dealer
c. order an administrative hearing be held if it believes there is probable cause that
a
violation occurred
d. all of the above
D.
(f) (I) To investigate through the executive director, on its own motion or upon the
written and signed complaint of any person, any suspected or alleged violation by
any motor vehicle dealer, motor vehicle
salesperson, used motor vehicle dealer, wholesale motor vehicle auction dealer, or
wholesaler licensee of any of the terms and provisions of this part 1 or of any rule
or regulation promulgated by the board
under the authority conferred upon it in this section. The board shall order an
investigation of all written and signed complaints, shall have the authority to issue
subpoenas and to delegate the authority to issue subpoenas to the executive
director, and the executive director shall make an investigation of all such
complaints transmitted by the board pursuant to section 12-6-105.
if the board determines that there is probable cause to believe a violation of this
article has occurred, it may order that an administrative hearing be held pursuant to
section 24-4-105, C.R.S.
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mo
tor%20Vehicles%20laws.pdf
Dealers may be administratively fined by the Dealer Board up to what amount for
each separate offense?
(m) (I) (A) If a hearing is held before an administrative law judge or a hearing
officer designated by the
board from within the board's membership, after due notice and a hearing by such
judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review the findings of law and fact
and the fairness of any
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense
https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20Mo
tor%20Vehicles%20laws.pdf
New and used motor vehicle dealers, wholesalers and wholesale auction dealers
are
required to have a surety bond in the amount of $
$50,000 for Dealer/Wholesaler
https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motorvehicle-powersports-auto-industry-division
Motor vehicle salespersons are required to have a surety bond in the amount of
$
Surety Bond with FULL LEGAL NAME in the amount of $15,000. A photocopy
may be submitted. [Show Less]
