§ 462 - Cancellation of dealer's registration - Vermont Statutes

§ 462. Cancellation of dealer's registration

(a) The commissioner may cancel, revoke, or suspend a registration certificate issued to a dealer under the provisions of this chapter, whenever, after the dealer has been afforded the opportunity of a hearing before the commissioner or upon conviction in any court in any jurisdiction, it appears that the dealer has willfully violated any motor vehicle law of this state or any lawful regulation of the commissioner, applying to dealers or when it appears that the dealer has engaged in fraudulent or unlawful practices related to the purchase, sale or exchange of motor vehicles. A dealer whose certificate has been canceled shall forthwith return to the commissioner the registration certificate and any and all number plates, or numbers or decals furnished him or her by the commissioner; and the privilege to operate, purchase, sell or exchange motor vehicles under his or her dealer's number shall cease. An application for a new dealer's license for that dealer will not be considered until the suspension period has been served.

(b) A fee of $30.00 shall be paid to the commissioner prior to the reinstatement of any dealer's license or registration certificate canceled, revoked or suspended for cause. (Amended 1965, No. 204, § 4; 1987, No. 190 (Adj. Sess.), § 4; 1997, No. 59, § 74, eff. June 30, 1997; 1999, No. 31, § 6.)