Section 15-113 - Record keeping - Auctioneer. - Maryland Statutes

§ 15-113. Record keeping - Auctioneer.
 

(a)  Records required to be kept.- Each person who conducts auctions as a business in this State of motor vehicles of a type required to be registered under this article shall keep a record of: 

(1) The name and address of the consignor; 

(2) The date on which it was consigned; 

(3) The year, make, model, and serial number of each vehicle consigned; 

(4) The title number and state where the vehicle was last registered; 

(5) The odometer mileage reading at the time of consignment; 

(6) The name and address of the person to whom the vehicle was sold; 

(7) The selling price; and 

(8) The date of sale. 

(b)  Open to inspection.- During business hours, the records shall be open to inspection by the Administration, by the Department of State Police, or by a law enforcement officer with a county or municipal police department or sheriff's office who is assigned to an antitheft unit. 

(c)  Period to be maintained.- The records required by this section shall be kept for at least 3 years after the transaction to which it applies. 

(d)  Civil penalties.- A person who fails to comply with any requirement under subsections (a) through (c) of this section is subject to a civil penalty not exceeding: 

(1) For a first offense, $500; or 

(2) For a second or subsequent offense, $1,000. 
 

[1978, ch. 589; 2000, ch. 505; 2003, ch. 105.]