Re: RE: Rolling legit via ITS corp
mangus580 said:
Crash_AF said:
So is not providing the SF-97 within 30 days of the sale, but that doesn't stop GL...
Show me something that says this....
42-6-119. Certificates for vehicles registered in other states.
(2) If a dealer acquires the ownership of a motor vehicle by lawful means and the motor vehicle is titled under the laws of a state other than Colorado, such dealer shall not be required to file a Colorado certificate of title for the vehicle so long as such vehicle remains in the dealer's possession and at the dealer's place of business solely for the purpose of sale.
(3) Upon the sale by a dealer of a motor vehicle, the certificate of title to which was issued in a state other than Colorado, the dealer shall, within thirty days after the date of sale, deliver or facilitate the delivery to the purchaser such certificate of title from a state other than Colorado duly and properly endorsed or assigned to the purchaser with a statement by the dealer that shall contain or be accompanied by a written declaration that it is made under the penalties of perjury in the second degree, as defined in section 18-8-503, C.R.S., and that shall set forth the following:
(17) "Used motor vehicle dealer" means any person who, for commission or with intent to make a profit or gain of money or other thing of value, sells, exchanges, leases, or offers an interest in used motor vehicles, or attempts to negotiate a sale, exchange, or lease of used and new motor vehicles or who is engaged wholly or in part in the business of selling used motor vehicles, whether or not such motor vehicles are owned by such person. The sale of three or more used motor vehicles or the offering for sale of more than three used motor vehicles at the same address or telephone number in any one calendar year shall be prima facie evidence that a person is engaged in the business of selling used motor vehicles. "Used motor vehicle dealer" includes any owner of real property who allows more than three used motor vehicles to be offered for sale on such property during one calendar year unless said property is leased to a licensed used motor vehicle dealer