as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to manufactured homes; clarifying the 1.3 requirements for a limited dealer license; amending 1.4 Minnesota Statutes 1998, section 327B.04, subdivision 1.5 8. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1998, section 327B.04, 1.8 subdivision 8, is amended to read: 1.9 Subd. 8. [LIMITED DEALER'S LICENSE.] The commissioner 1.10 shall issue a limited dealer's license to an owner of a 1.11 manufactured home park authorizing the licensee to engage in the 1.12 sale, offering for sale, soliciting, or advertising the sale of 1.13 used manufactured homes located in the owned manufactured home 1.14 park as principal only. The licensee must be the title holder 1.15 of the homes and may engage in no more than five sales 1.16 annually. An owner may, upon payment of the applicable fee and 1.17 compliance with this subdivision, obtain a separate license for 1.18 each owned manufactured home park and is entitled to sell up to 1.19 five homes per license. The license shall be issuedonlyafter: 1.20 (1) receipt ofthean applicationdescribed in section1.21327B.04, subdivision 3,on forms provided by the commissioner 1.22 containing the following information: 1.23 (i) proper identification; 1.24 (ii) the name under which the applicant will be licensed 1.25 and do business in this state; 2.1 (iii) the applicant's type and place of business; and 2.2 (iv) the name, home, and business address of the applicant; 2.3 (2) payment ofthea $100 annual feeprescribed in section2.4327B.04, subdivision 7,; andcompliance with the license2.5prerequisites contained in section 327B.04, subdivision 4;2.6except that an applicant need only secure2.7 (3) provision of a surety bond in the amount of $5,000, and. 2.8 The applicant need not comply with section 327B.04, 2.9 subdivision 4, paragraph (e). The holding of a limited dealer's 2.10 license does not satisfy the requirement contained in section 2.11 327B.04, subdivision 4, paragraph (e), for the licensee or 2.12 salespersons with respect to obtaining a dealer license. The 2.13 commissioner may, upon application for a renewal of a license, 2.14 require only the following additional information: 2.15 (1) a one-page verification that copies of applicable sales 2.16 documents have been retained; 2.17 (2) sales documents that include the safety feature 2.18 disclosure form defined in section 327C.07, subdivision 3a; 2.19 (3) title of the home; 2.20 (4) financing agreements; and 2.21 (5) purchase agreements. 2.22The commissioner shall adopt rules under sections 14.22 to2.2314.28 to provide for issuing a limited dealer's license.2.24 Sec. 2. [EFFECTIVE DATE.] 2.25 Section 1 is effective the day following final enactment.