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1350.8500 NOTICE TO COMMISSIONER.

Subpart 1.

Notification requirement.

A licensee shall notify the commissioner of the occurrence of any of the events in subparts 2 to 5.

Subp. 2.

Change in application information.

A licensee shall notify the commissioner in writing within ten days of the change of any change in information contained in a license application on file with the commissioner.

Subp. 3.

Civil judgment.

A licensee shall notify the commissioner in writing within ten days of any decision of a court regarding a proceeding in which the dealer or limited dealer was named as a defendant, and in which fraud, misrepresentation, or the conversion of funds was found to have been committed by the licensee.

Subp. 4.

Disciplinary action in another state.

A licensee shall notify the commissioner in writing within ten days of the suspension or revocation of the licensee's manufactured home dealer license or limited dealer or other occupational license issued in another jurisdiction.

Subp. 5.

Criminal offense.

A dealer or limited dealer shall notify the commissioner in writing within ten days if the dealer or limited dealer is found guilty of a felony, gross misdemeanor, misdemeanor, or any comparable offense related to manufactured home sales, improper business practices, fraud, misrepresentation, misuse of funds, or violation of the consumer laws.

Statutory Authority:

MS s 327B.01 to 327B.12

History:

24 SR 1846

Published Electronically:

January 4, 2010

Official Publication of the State of Minnesota
Revisor of Statutes