Section 15-409 - Salesman must act on behalf of specified licensed dealer. - Maryland Statutes

§ 15-409. Salesman must act on behalf of specified licensed dealer.
 

(a)  License shall state dealer's name.- Each license shall state the name of the licensed dealer by whom the licensee is employed, as specified in the application for the license. 

(b)  Salesman may act only for dealer named in license.- A licensed vehicle salesman may not act as a vehicle salesman for any person other than the licensed dealer named in the salesman's license. 

(c)  Sixty percent ownership by licensed dealer named in license.- A licensed vehicle salesman may act as a vehicle salesman for any dealership that is at least 60 percent owned by the licensed dealer named in the salesman's license. 
 

[An. Code 1957, art. 661/2, §§ 5-302, 5-304, 5-401; 1977, ch. 14, § 2; 1994, ch. 386.]