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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Maryland Code, Transportation § 15-113 - last updated January 01, 2025 | https://codes.findlaw.com/md/transportation/md-code-trans-sect-15-113/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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