(a) The Office of Consumer Protection must make available an application form for a dealer’s license that requires an applicant to certify that the information given is correct under the penalties of perjury.
(b) The Executive, by regulation adopted under method (3), must set a license fee in an amount that does not exceed the estimated costs of administering and enforcing this Chapter.
(c) The dealer must agree in the application to:
(1) authorize the Police to inspect the records, inventory, and premises of the business during normal business hours;
(2) pay for the purchase of any secondhand personal property by check; and
(3) not cash any check, except a check issued by the dealer to pay for secondhand personal property, or as permitted by regulation adopted under method (3).
(d) Only individuals may apply for a dealer's license.
(1) A license application on behalf of a corporation or limited partnership must be applied for by and issued to the president of the corporation or one or more members of the partnership who are authorized to act for it.
(2) A license application on behalf of a partnership must be applied for by and issued to all of the partners who are authorized to act for the partnership.
(3) Each individual who applies for a dealer's license under this section assumes, as an individual, all responsibilities of the dealer and, as an individual, is subject to all conditions, restrictions and requirements imposed on dealers. (1981 L.M.C., ch. 27, § 1; 1983 L.M.C., ch. 28, § 1; 1984 L.M.C., ch. 24, § 45A; 1984 L.M.C., ch. 27, § 29; 1996 L.M.C., ch. 13, § 1; 2005 L.M.C., ch. 26, § 1; 2009 L.M.C., ch. 6, § 1.)
Editor’s note—2005 L.M.C., ch. 26, §§ 2 and 3, state:
Sec. 2. Regulations. A regulation which implements a function transferred to the Office of Consumer Protection by this Act continues in effect until otherwise amended or repealed, but any reference to any predecessor department or office must be treated as referring to the Office of Consumer Protection.
Sec. 3. Transition. This act does not invalidate or affect any action taken by the Department of Housing and Community Affairs before this Act took effect. Any responsibility or right granted by law, regulation, contract, or other document, and which is associated with a function transferred by this Act from the Department of Housing and Community Affairs, is transferred to the Office of Consumer Protection.