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TO AMEND SECTION 56-15-410, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO NONFRANCHISE AUTOMOBILE DEALER PRE-LICENSING COURSE REQUIREMENTS, SO AS TO PROVIDE THAT A DEALER WHO HAS OPERATED A DEALERSHIP FOR AT LEAST FIVE YEARS OR HAS COMPLETED SUCCESSFULLY AT LEAST EIGHT HOURS OF PRE-LICENSING EDUCATION COURSES WITHIN THE LAST FIVE YEARS, IS NOT REQUIRED TO COMPLETE ADDITIONAL PRE-LICENSING COURSES WHEN HE MOVES HIS DEALERSHIP TO ANOTHER LOCATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 56-15-410 of the 1976 Code, as added by Act 9 of 2005, is amended to read:
"Section 56-15-410. (A) An applicant for an initial nonfranchise automobile dealer license must complete successfully at least eight hours of pre-licensing education courses before he may be issued a license. At least one shareholder listed on the application for an initial nonfranchise automobile dealer license must comply with the education requirement contained in this section.
(B) A dealer who has operated a dealership for at least five years, or who has completed successfully at least eight hours of pre-licensing education courses within the last five years, is not required to complete additional pre-licensing courses when he moves his dealership to another location."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on February 22, 2011 at 1:19 PM