Delaware Code Title 21 Sec. 7504 – Application for license
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The Department shall devise an automotive recycler license application which shall include the following:
(1) The name of the business;
(2) The address of the business; and
(3) If the business is a proprietorship, partnership or corporation, the names and addresses of all principals, partners or corporate officers and resident agents.
Terms Used In Delaware Code Title 21 Sec. 7504
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the Department of Transportation unless otherwise specified. See Delaware Code Title 21 Sec. 7501
- Devise: To gift property by will.
- License: means any license issued by the Department of Transportation for the operation of an automotive recycler. See Delaware Code Title 21 Sec. 7501
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.