Rhode Island General Laws 31-5-11. Grounds for denial, suspension, or revocation of license
The department may deny an application for a license, or suspend or revoke a license after it has been granted, for the following reasons:
(1) On proof of unfitness of applicant to do business as a motor vehicle dealer.
(2) For any material misstatement by an applicant in an application for a license.
(3) For any willful failure to comply with the provisions of this section or with any rule or regulation promulgated by the department under § 31-5-1 — § 31-5-20.
(4) For willfully defrauding any buyer of a motor vehicle.
(5) For any willful failure to perform any written agreement with any buyer of a motor vehicle.
(6) For having made a fraudulent sale, transaction, or repossession.
(7) For any fraudulent misrepresentation, circumvention, or concealment, through whatsoever subterfuge or device, of any of the material particulars of any sale to any buyer of a motor vehicle.
(8) For knowingly permitting any salesperson to sell or exchange, or offer or attempt to sell or exchange, any motor vehicle except for the licensed motor vehicle dealer by whom he or she is employed, or to offer, transfer, or assign any sale or exchange, that he or she may have negotiated, to any other dealer.
(9) For the employment of any fraudulent device, method, or process in connection with the compliance with any requirement under statutes of this state with respect to the retaking of goods under a retail installment contract and the redemption and resale of those goods.
(10) For having indulged in any unconscionable practice relating to business as a motor vehicle dealer.
(11) For having violated any law relating to the sale, distribution, or financing of motor vehicles.
History of Section.
P.L. 1950, ch. 2595, art. 7, § 4; P.L. 1953, ch. 3232, § 1; G.L. 1956, § 31-5-11; P.L. 1991, ch. 44, art. 14, § 1.
Terms Used In Rhode Island General Laws 31-5-11
- Contract: A legal written agreement that becomes binding when signed.
- Motor vehicle: means any vehicle driven or drawn by mechanical power for use on the public streets, roads, and highways;
(2) "Odometer" means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation;
(3) "Person" means any individual, sole proprietorship, partnership, corporation, or business trust including, but not limited to, private individuals and motor vehicle dealers, both wholesale and retail, whether the private individual or dealer is a dealer in the ordinary course of business or not;
(4) "Repair and replacement" means to restore to a sound working condition by replacing the instrument or any part thereof or by correcting what is inoperative;
(5) "Transfer" means to acquire ownership by purchase, gift, bequest, or any other means. See Rhode Island General Laws 31-23.2-2