Conn. Agencies Regs. § 14-65-4

Current through September 27, 2024
Section 14-65-4 - Auction dealers. Exclusion
(a) Any person, firm or corporation conducting an auction who is not licensed as a motor vehicle dealer as provided in section 14-52 of the general statutes, or is not selling vehicles owned by a licensed motor vehicle dealer, shall be considered an auction dealer subject to the provisions of sections 14-65-1 to 14-65-3, inclusive, if he sells five (5) or more motor vehicles at any one auction, or more than twenty-five (25) motor vehicles during a calendar year.
(b) Notwithstanding the provisions of subsection (a) of this section, sale at auction of motor vehicles which are part of an estate, business or the like, and are sold in the normal course of business, shall not be considered a sale by an auction dealer.

Conn. Agencies Regs. § 14-65-4

Effective May 27, 1997