California Vehicle Code

§ 11735

VEH § 11735 Effective Jan 1, 1996Div. 5 · Ch. 4 · Art. 1

Statute text

(a)No dealer shall engage in brokering a retail sales transaction without first paying the fee required by subdivision (d) of Section 9262 and obtaining from the department an autobroker’s endorsement to the dealer’s license. An autobroker’s endorsement shall be automatically cancelled upon the cancellation, suspension, revocation, surrender, or expiration of a dealer’s license.

(b)Upon the issuance of an autobroker’s endorsement to a dealer’s license, the department shall furnish the dealer with an autobroker’s log. The autobroker’s log shall remain the property of the department and may be taken up at any time for inspection.

(c)The autobroker’s log shall contain spaces sufficient for the dealer to record the following information with respect to each retail sale brokered by that dealer:

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Legislative history

Amended by Stats. 1995, Ch. 211, Sec. 7. Effective January 1, 1996.