Section 1101 - Recycler license required1.Recycler. "Recycler" means a person engaged in the business of purchasing or acquiring in any manner vehicles or vehicle parts for the purpose of:A. Reselling the vehicle as salvage or scrap; [2021, c. 216, §32(AMD).]B. Rebuilding or repairing salvage vehicles for the purpose of resale; [2021, c. 216, §32(AMD).]C. Selling or storing the vehicle's parts or basic materials; [2021, c. 216, §32(AMD).]D. Displaying or storing salvage vehicles; [2021, c. 216, §32(AMD).]E. Acting as a scrap processor; or [2021, c. 216, §32(AMD).]F. Advertising in any form that an individual or business engages in any of the activities in paragraphs A to E. [2021, c. 216, §32(NEW).] A person may not engage in business as a recycler without a recycler license issued under this subchapter.
[2021, c. 216, §32(AMD).]
2.Insurance salvage pool. A person may not engage in business as an insurance salvage pool without a license issued under section 1051. [1995, c. 482, Pt. A, §19(AMD).]
3.Dealer registration. A person licensed under this section who displays, sells, exchanges, offers to negotiate, negotiates or advertises the sale of rebuilt or repaired salvage vehicles must comply with chapter 9, subchapter III. [1993, c. 683, Pt. A, §2(NEW); 1993, c. 683, Pt. B, §5(AFF).]
4.Term.[1999, c. 470, §17(RP).]
4-A.Term. Recycler licenses issued on or after the effective date of this subsection must be issued on a staggered basis and expire on the last day of the month, one year from issuance. All recycler licenses renewed for calendar year 2000 must be renewed on a staggered basis and the license fees prorated. [1999, c. 470, §18(NEW).]
5.Penalty. Violation of this section is a Class E crime. [1993, c. 683, Pt. A, §2(NEW); 1993, c. 683, Pt. B, §5(AFF).]
Amended by 2021SP1, c. 216,§ 32, eff. 10/18/2021.1993, c. 683, §A2 (NEW) . 1993, c. 683, §B5 (AFF) . 1995, c. 482, §A19 (AMD) . 1997, c. 776, § 33 (AMD) . 1999, c. 470, §§17,18 (AMD) .