J. MILLARD TAWES, Governor                     879

SAND ($1000) FOR THE USE AND BENEFIT OF THE DE-
PARTMENT AND THE PUBLIC WHO MAY SUFFER OR
SUSTAIN ANY LOSS BY REASON OF ANY VIOLATION OF
SECTIONS 29, 46, 47, 49, 61, 62, OR 63 OF THIS ARTICLE BY A
DEALER, AND THE LICENSE OF ANY DEALER UNDER THIS
ARTICLE WHO FAILS TO FILE ACCEPTABLE EVIDENCE
THAT THE BOND REQUIRED HEREIN HAS BEEN EX-
TENDED PRIOR TO THE DATE OF EXPIRATION OF THE
BOND SHALL BE AUTOMATICALLY SUSPENDED AND THE
DEPARTMENT SHALL IMMEDIATELY NOTIFY HIM OF SUS-
PENSION; [(vi)J (vii) the fee of fifteen dollars ($15.00) is paid
for the dealer's license, used car dealer's license and trailer dealer's
license, regardless of the number of the business locations, for each
year or part thereof, , AND THE FEE OF TEN DOLLARS ($10) IS
PAID FOR THE LICENSE ISSUED TO DEALERS IN BOAT
TRAILERS AND DEALERS DEALING EXCLUSIVELY IN
TRAILERS OF A LENGTH FIFTEEN (15) FEET OR LESS, in-
cluding the issuance of one salesman's license for this fee; and

[(vii)] (viii) the applicant is registered with and licensed by the
Department.

(b) (2) No person shall be entitled to obtain a motor vehicle
salesman's license unless:

(i) The registered new [or] car, used car or trailer dealer fur-
nishes written notice of appointment or employment acknowledged by
both the registered dealer and the salesman, and the applicant shall
attach to the application an exact copy of the appointment; also, the
registered new [or] car, used car or trailer dealer shall furnish
written notice of expiration of appointment of a salesman;

(ii) Every licensed salesman shall provide acceptable evidence
of a corporate bond in the sum of one thousand dollars ($1,000) for
the use and benefit of the Department and public who may suffer or
sustain any loss by reason of a violation of Sections 29, 46, 47, 49, 61,
62 or 63 of this article by such salesman. The license of any sales-
man under this article who fails to file acceptable evidence that the
bond required herein has been extended prior to the date of expira-
tion of the bond shall be automatically suspended, and the Depart-
ment shall immediately notify such licensee and the dealer of the
suspension;

(iii) The applicant shall furnish information concerning his true
identity, business of selling motor vehicles, and any other pertinent
facts which the Department may require;

(iv) And pay the fee for a salesman's license of five dollars ($5.00)
for each year or part thereof.; PROVIDED THAT THERE SHALL.
BE NO REQUIREMENT FOR THE LICENSING OF THE SALES-
MEN FOR BOAT TRAILER DEALERS AND DEALERS DEAL-
ING EXCLUSIVELY IN TRAILERS LESS THAN FIFTEEN (15)
FEET IN LENGTH.

81.

(z) Class Z Trailer Dealer: Trailer dealers, as defined by this
article, shall pay ten dollars ($10.00) per annum for the first two