State of Colorado Motor Vehicle Dealer Board
Mastery Examination (2025) COMPLETE
QUESTIONS With 100% Verified Solutions,
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Terms in this set (52)
Board is comprised of three (3) motor vehicle dealers,
three (3) used motor vehicle dealers, and three (3)
The Motor Vehicle Dealer public members
Board has among its
members
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r-board-members-auto-industry-division
C. the administration, enforcement, issuance, and
The Motor Vehicle Dealer denial of licenses to motor vehicle dealers, motor
Board is authorized and vehicle salespersons, used motor vehicle dealers,
empowered to wholesale motor vehicle auction dealers, and
wholesalers
a. issue or deny buyer
agent licenses https://www.colorado.gov/pacific/sites/default/files/J
b. issue or deny anuary%207%202015%20Motor%20Vehicles%20laws.p
manufacturer df
representative licenses
c. issue or deny motor The executive director is hereby charged with the
vehicle dealer and administration, enforcement, and issuance or denial of
salesperson licenses the licensing of buyer agents, distributors,
d. all of the above manufacturer representatives, and motor vehicle
manufacturers.
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D.
(f) (I) To investigate through the executive director, on
its own motion or upon the written and signed
complaint of any person, any suspected or alleged
violation by any motor vehicle dealer, motor vehicle
The Motor Vehicle Dealer
salesperson, used motor vehicle dealer, wholesale
Board is authorized and
motor vehicle auction dealer, or wholesaler licensee
empowered to:
of any of the terms and provisions of this part 1 or of
a. investigate any
any rule or regulation promulgated by the board
suspected or alleged
under the authority conferred upon it in this section.
violation by any motor
The board shall order an investigation of all written
vehicle salesperson
and signed complaints, shall have the authority to
b. investigate any
issue subpoenas and to delegate the authority to
suspected or alleged
issue subpoenas to the executive director, and the
violation by any motor
executive director shall make an investigation of all
vehicle dealer
such complaints transmitted by the board pursuant to
c. order an administrative
section 12-6-105.
hearing be held if it
believes there is probable
if the board determines that there is probable cause
cause that a
to believe a violation of this article has occurred, it
violation occurred
may order that an administrative hearing be held
d. all of the above
pursuant to section 24-4-105, C.R.S.
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(m) (I) (A) If a hearing is held before an administrative
law judge or a hearing officer designated by the
board from within the board's membership, after due
notice and a hearing by such judge or hearing
officer pursuant to section 24-4-105, C.R.S., to review
Dealers may be
the findings of law and fact and the fairness of any
administratively fined by
fine imposed and to uphold such fine, to impose an
the Dealer Board up to
administrative fine upon its own initiative, which
what amount for
shall not exceed ten thousand dollars for each
each separate offense?
separate offense
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anuary%207%202015%20Motor%20Vehicles%20laws.p
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New and used motor $50,000 for Dealer/Wholesaler
vehicle dealers,
wholesalers and https://www.colorado.gov/pacific/enforcement/deale
wholesale auction dealers r-and-wholesaler-motor-vehicle-powersports-auto-
are industry-division
required to have a surety
bond in the amount of $
Motor vehicle Surety Bond with FULL LEGAL NAME in the amount of
salespersons are required $15,000. A photocopy may be submitted.
to have a surety bond in
the amount of https://www.colorado.gov/pacific/enforcement/sales
$ person-auto-industry-division
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The sale or lease of three or
Selling ___ or more vehicles
more new or new and used motor vehicles or the
or offering for sale more
offering for sale or lease of more than three new or
than ___ vehicles at the
new and used motor vehicles at the same address or
same
telephone number in any one calendar year shall
address or telephone
be prima facie evidence that a person is engaged in
number in any one
the business of selling or leasing new or new and
calendar year, shall be
used motor vehicles.
prima facie evidence that
a person is engaged in the
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business of selling motor
anuary%207%202015%20Motor%20Vehicles%20laws.p
vehicles.
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(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
The definition of a used
lease of used and new motor vehicles or who is
motor vehicle dealer
engaged wholly or in part in the business of selling
includes which of the
used motor vehicles, whether or not such motor
following?
vehicles are owned by such person.
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