In addition to any other information required by the chief administrator, for every temporary license plate printed by the licensed dealer, the licensed dealer shall maintain, in a physical file on the business premises of the licensed dealer or in an electronic file on the computer system of the licensed dealer, for a period of three years following the date that the temporary license plate is issued, the following unredacted documents, which shall be made available for inspection by the chief administrator at any reasonable time:
Upon a finding that a licensed dealer has violated the provisions of this section or the provisions of any rule or regulation prescribed by the chief administrator related to the issuance of temporary registration certificates or license plates, the chief administrator shall impose a fine of $2,500 for a first offense and $5,000 for any subsequent offense upon a licensed dealer. In addition to any fines or penalties imposed under this section, the chief administrator may suspend or revoke the dealer license of a dealer convicted of a violation of section 3 of P.L. 2023, c. 285 (C.2C:21-4.9) or for any subsequent violation of the provisions of this section or the provisions of any rule or regulation prescribed by the chief administrator related to the issuance of temporary registration certificates or license plates. Each temporary registration certificate or license plate issued in violation of the provisions of this section shall constitute a separate offense.
"Bona fide sale" means a sale for valuable consideration made in good faith and without the purpose of circumventing any law, rule, or regulation.
"Certificate of ownership" means the document certifying ownership of a motor vehicle, other than the manufacturer's or importer's certificate of origin.
"Manufacturer's or importer's certificate of origin" means the original written instrument or document required to be executed and delivered by the manufacturer to the agent or a dealer, certifying the origin of the vehicle.
"Motor vehicle title" means a title issued that documents ownership of a vehicle and can be used to transfer ownership.
"Vehicle Registry" means a database established and maintained by the chief administrator that shall include a listing of motor vehicles owned, leased, or sold by the licensed dealer; any motor vehicles delivered to the licensed dealer for either wholesale or retail sale; the name and address of the buyer or lessee of the motor vehicle; the motor vehicle identification number; and any other information as required by the chief administrator.
N.J.S. § 39:3-4c