§1101. Recycler license required

1.  Recycler.  "Recycler" means a person engaged in the business of purchasing or acquiring salvage vehicles for the purpose of:

A. Reselling the vehicle or its component parts;   [PL 1997, c. 776, §33 (NEW).]

B. Rebuilding or repairing the vehicle for the purpose of resale;   [PL 1997, c. 776, §33 (NEW).]

C. Selling the vehicle's basic materials;   [PL 1997, c. 776, §33 (NEW).]

D. Displaying or storing the vehicle or its parts; or   [PL 1997, c. 776, §33 (NEW).]

E. Acting as a scrap processor.   [PL 1997, c. 776, §33 (NEW).]

A person may not engage in business as a recycler without a recycler license issued under this subchapter.

[PL 1997, c. 776, §33 (RPR).]

2.  Insurance salvage pool.  A person may not engage in business as an insurance salvage pool without a license issued under section 1051.

[PL 1995, c. 482, Pt. A, §19 (AMD).]

3.  Dealer registration.  A person licensed under this section who displays, sells, exchanges, offers to negotiate, negotiates or advertises the sale of rebuilt or repaired salvage vehicles must comply with chapter 9, subchapter III.

[PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).]

4.  Term.

[PL 1999, c. 470, §17 (RP).]

4-A.  Term.  Recycler licenses issued on or after the effective date of this subsection must be issued on a staggered basis and expire on the last day of the month, one year from issuance. All recycler licenses renewed for calendar year 2000 must be renewed on a staggered basis and the license fees prorated.

[PL 1999, c. 470, §18 (NEW).]

5.  Penalty.  Violation of this section is a Class E crime.

[PL 1993, c. 683, Pt. A, §2 (NEW); PL 1993, c. 683, Pt. B, §5 (AFF).]

SECTION HISTORY

PL 1993, c. 683, §A2 (NEW). PL 1993, c. 683, §B5 (AFF). PL 1995, c. 482, §A19 (AMD). PL 1997, c. 776, §33 (AMD). PL 1999, c. 470, §§17,18 (AMD).