(3) Will perform repair and warranty services on a motor vehicle at the license location. (f) (1) Every licensed dealer shall maintain for three (3) years after the date of purchase records of each vehicle transaction to which the dealer was a party. (2) Dealers shall maintain copies of all documents executed in connection with any transaction, which may include bills of sale, titles, odometer statements, invoices, affidavits of alteration, and reassignments, and shall be open to inspection by the Executive Director of the Arkansas Motor Vehicle Commission or a Commission Representative acting in an official capacity during reasonable business hours and upon execution of subpoena. (g) (1) The licensee applying for a branch license shall not utilize any portion of franchise name or product nameplates. (2) A licensee applying for a branch license shall remain in the relevant market area, as defined in the franchise or selling agreement approved by the franchiser and franchisee and on file in the Commission office or as defined in this subchapter pertaining to relevant market area, whichever is greater. History. Acts 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947,§ 75-2305; Acts 1995, No. 568, § 5; 1999, No. 1042, § 3; 2001, No. 1053, § 3; 2009, No. 756,§ 7; Act 2013, No. 561, §4. 23-112-303. Application Fees. (a) All applications for licenses shall be accompanied by the appropriate fees in accordance with the schedule set out in this subchapter. (b) In the event any application is denied and the license applied for is not issued, the entire license fee shall be returned to the applicant. (c) The schedule of license fees to be charged and received by the Arkansas Motor Vehicle Commission for the licenses issued pursuant to this subchapter shall be as follows: (1) For each manufacturer, distributor, factory branch and division, or distributor branch and division, second-stage manufacturer, importer, and converter, nine hundred dollars ($900); (2) For each motor vehicle dealer or motor vehicle lessor, one hundred dollars ($100); (3) For each manufacturer, distributor or factory representative, four hundred dollars ($400); (4) For each branch location, twenty-five dollars ($25.00); and (5) For each replacement certificate of license, ten dollars ($10.00). (d) (1) Any person, firm, or corporation required to be licensed under this subchapter who fails to make application for the license at the time required shall pay a penalty of fifty percent (50%) of the amount of the license fee for each thirty (30) days of default, in addition to the fees required to be paid pursuant to subsection (c) of this section. However, the penalty may be waived, in whole or in part, within the discretion of the Commission. (2) License applications for sales personnel shall be received in the Commission office within thirty (30) days of employment. History. Acts 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947,§ 75-2305; Acts 1995, No. 568, § 6; 1997, No. 1154, § 14; 2001, No. 1053, § 4; Act 2021, No. 504, §7. 23-112-304. Issuance of License – Change of Location – Change of Business or Corporate Name, Structure, or DBA name – Dealers, Manufacturers, Distributors, etc. (a) The license issued to each motor vehicle dealer, manufacturer, distributor, factory branch or division, or distributor branch or division shall specify the location of the factory, office, branch or division thereof. (b) In case the location is changed, the Arkansas Motor Vehicle Commission shall endorse the change of location on the license without charge if it is within the same county. (c) A change of location to another county shall require a new license. (d) Licensees shall notify the Commission in writing of any change in the business or corporate name or structure and of any alternate name or names in which the company will do business, “DBA names”, and shall provide the original issue license with the notification of name change or addition of DBA name or names. The Commission shall endorse the change on the license without charge. History. Acts 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947, § 75-2305; Acts 1995, No. 568, § 7; 1997, No. 1154, § 10; 2001, No. 1053, § 5. 23-112-305. Display of License – Change of Employer – Factory Representative and Distributor Representative. (a) Every motor vehicle factory representative or distributor representative shall have his or her license upon his or her person when engaged in his or her business and shall display the license upon request. (b) The name of the employer of the factory representatives or distributor representative shall be stated on the license, and, in case of a change of employer, the holder of the license shall immediately mail the license to the Arkansas Motor Vehicle Commission for its endorsement of the change thereon. History. Acts 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947,§ 75-2305; Acts 1995, No. 568, § 8; 2001, No. 1053, § 6. 23-112-306. [Repealed]. History. Acts 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947,§ 75-2305; Acts 1995, No. 568, § 9; 2001, No. 1053, § 7; Act 2021, No. 504, §8. 23-112-307. Expiration of License. Unless the Arkansas Motor Vehicle Commission by rule provides to the contrary, all licenses issued to: (1) Manufacturers, distributors, factory or distributor branches, importers, second-stage manufacturers, converters, and their representatives expire June 30 following the date of issue; and (2) Motor vehicle dealers and motor vehicle lessors expire December 31 following the date of issue. History. Acts. 1975, No. 388, § 5; 1985, No. 1032, § 3; 1985, No. 1058, § 3; A.S.A. 1947, § 75-2305; Acts 1987, No. 620, § 2; 1995, No. 568, § 10; 2001, No. 1053, § 8; 2009, No. 756,§ 8; 2021, No. 504, §9. 23-112-308. Denial, Revocation, and Suspension. (a) Notwithstanding any other statute, the Arkansas Motor Vehicle Commission may deny an application for a license or revoke or suspend a license after it has been granted for any of the following reasons: (1) (A) For selling or soliciting sales of a motor vehicle without: (i) A motor vehicle dealer license issued by the Commission; or (ii) Being a bona fide employee or agent of a licensed motor vehicle dealer. (B) The unlawful sale or solicitation of each motor vehicle shall constitute a separate offense; (2) On satisfactory proof of the unfitness of the applicant or the licensee, as the case may be, under the standards established and set out in this chapter; (3) For fraud practiced or any material misstatement made by an applicant in any application for license under the provisions of this chapter; (4) For failure to comply with any provision of this chapter or with any rule promulgated by the Commission under authority vested in it by this chapter; (5) Change of condition after license is granted or failure to maintain the qualifications for license; (6) Continued violation of any of the provisions of this chapter or of any of the rules of the Commission; (7) For any violation of any law relating to the sale, distribution, or financing of motor vehicles; (8) Defrauding any retail buyer to the buyer’s damage; (9) Failure to perform any written agreement with any retail buyer; (10) Selling, attempting to sell, or advertising for sale vehicles from a location other than that set forth on the license; (11) Falsifying, altering, or neglecting to endorse or deliver a certificate of title to a transferee or lawful owner or failing to properly designate a transferee on a document of assignment or certificate of title; (12) Knowingly purchasing, selling, or otherwise acquiring or disposing of a stolen motor vehicle; (13) Submitting a false affidavit setting forth that a title has been lost or destroyed; (14) Passing title or reassigning title as a dealer without a dealer’s license or when the dealer’s license has been suspended or revoked; (15) For a person representing that he or she is a dealer or salesperson, either verbally or in any advertisement, when the person is not licensed as such; (16) Assisting any person in the sale of a motor vehicle who is not licensed as a dealer by the Commission; (17) Being a manufacturer who fails to specify the delivery and preparation obligations of its motor vehicle dealers, as is required for the protection of the buying public, prior to delivery of new motor vehicles to retail buyers; (18) (A) On satisfactory proof that any manufacturer, distributor, distributor branch or division, or factory branch or division has unfairly 30 | 2025-2026 Membership Directory and Buyer’s Guide ARKANSAS MOTOR VEHICLE COMMISSION ACT
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