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State of Colorado Motor Vehicle Dealer Board Mastery Examination UPDATED ACTUAL QUESTIONS AND CORRECT Answers

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State of Colorado Motor Vehicle Dealer Board Mastery Examination UPDATED ACTUAL QUESTIONS AND CORRECT Answers

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State of Colorado Motor Vehicle Dealer Board Mastery
Examination UPDATED ACTUAL QUESTIONS AND CORRECT
Answers




The Motor Vehicle Dealer Board has among its Board is comprised of three (3) motor vehicle dealers, three (3) used motor
members vehicle dealers, and three (3) public members



https://www.colorado.gov/pacific/enforcement/dealer-board-members-auto-
industry-division


The Motor Vehicle Dealer Board is authorized and C. the administration, enforcement, issuance, and denial of licenses to motor
empowered to vehicle dealers, motor vehicle salespersons, used motor vehicle dealers,
wholesale motor vehicle auction dealers, and wholesalers
a. issue or deny buyer agent licenses
b. issue or deny manufacturer representative licenses https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
c. issue or deny motor vehicle dealer and salesperson Motor%20Vehicles%20laws.pdf
licenses
d. all of the above The executive director is hereby charged with the administration, enforcement,
and issuance or denial of the licensing of buyer agents, distributors,
manufacturer representatives, and motor vehicle manufacturers.

, The Motor Vehicle Dealer Board is authorized and D.
empowered to: (f) (I) To investigate through the executive director, on its own motion or upon
a. investigate any suspected or alleged violation by any the written and signed complaint of any person, any suspected or alleged
motor vehicle salesperson violation by any motor vehicle dealer, motor vehicle
b. investigate any suspected or alleged violation by any salesperson, used motor vehicle dealer, wholesale motor vehicle auction
motor vehicle dealer dealer, or wholesaler licensee of any of the terms and provisions of this part 1
c. order an administrative hearing be held if it believes or of any rule or regulation promulgated by the board
there is probable cause that a under the authority conferred upon it in this section. The board shall order an
violation occurred investigation of all written and signed complaints, shall have the authority to
d. all of the above issue subpoenas and to delegate the authority to issue subpoenas to the
executive director, and the executive director shall make an investigation of all
such complaints transmitted by the board pursuant to section 12-6-105.


if the board determines that there is probable cause to believe a violation of
this article has occurred, it may order that an administrative hearing be held
pursuant to section 24-4-105, C.R.S.


https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf


Dealers may be administratively fined by the Dealer (m) (I) (A) If a hearing is held before an administrative law judge or a hearing
Board up to what amount for officer designated by the
each separate offense? 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 the findings of law and
fact and the fairness of any
fine imposed and to uphold such fine, to impose an administrative fine upon its
own initiative, which
shall not exceed ten thousand dollars for each separate offense


https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf


New and used motor vehicle dealers, wholesalers and $50,000 for Dealer/Wholesaler
wholesale auction dealers are
required to have a surety bond in the amount of $ https://www.colorado.gov/pacific/enforcement/dealer-and-wholesaler-motor-
vehicle-powersports-auto-industry-division


Motor vehicle salespersons are required to have a Surety Bond with FULL LEGAL NAME in the amount of $15,000. A photocopy
surety bond in the amount of may be submitted.
$
https://www.colorado.gov/pacific/enforcement/salesperson-auto-industry-
division


Selling ___ or more vehicles or offering for sale more The sale or lease of three or
than ___ vehicles at the same more new or new and used motor vehicles or the offering for sale or lease of
address or telephone number in any one calendar year, more than three new or
shall be prima facie evidence that new and used motor vehicles at the same address or telephone number in any
a person is engaged in the business of selling motor one calendar year shall
vehicles. be prima facie evidence that a person is engaged in the business of selling or
leasing new or new and
used motor vehicles.


https://www.colorado.gov/pacific/sites/default/files/January%207%202015%20
Motor%20Vehicles%20laws.pdf

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