§ 15-113. Record keeping -- Auctioneer

MD Transp Code § 15-113 (2019) (N/A)
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(a)    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)    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)    The records required by this section shall be kept for at least 3 years after the transaction to which it applies.

(d)    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.