V C Section 11700.2 Dealer s License Autobroker s Endorsement Requirements and Prohibitions

Dealer's License: Autobroker's Endorsement: Requirements and Prohibitions

11700.2.  A dealer who obtains an autobroker's endorsement to his or her dealer's license is subject to all of the licensing, advertising, and other statutory and regulatory requirements and prohibitions applicable to a dealer, regardless of whether that dealer acts as the buyer of a vehicle, the seller of a vehicle, or provides brokering services on behalf of another or others for the purpose of arranging, negotiating, assisting, or effectuating the sale of a vehicle not owned by that dealer.

Added Sec. 4, Ch. 211, Stats. 1995. Effective January 1, 1996.