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168A.11.2
Statute ID:
20063
Statute Function ID:
40037
Title - Dealer Notification Requirement for Vehicle Held for Resale
In Effect
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Function Details
History
Text
Details are only available for Penalty and Charging Statutes.
Statute Number:
168A.11.2
Enactment Date:
May 24, 2024
Effective Date:
Oct 1, 2024
Expiration Date:
Repealed?:
No
Summary Text:
Title - Dealer Notification Requirement for Vehicle Held for Resale
Statute ID:
20063
Created:
Dec 31, 2024 by mnjis.legal.analyst@state.mn.us
Updated:
Dec 31, 2024 by mnjis.legal.analyst@state.mn.us
Last Update Action:
Added
Legal Analyst Comment:
Amended 2024 C127 Art3 Sect38; Adds (1) and (2)
Summary Text:
Title - Dealer Notification Requirement for Vehicle Held for Resale
Link to MN Statute Text:
https://www.revisor.leg.state.mn.us/stats/168A/11.html
Legislative Session:
2024 - Regular
Session Law Text?:
No
Statute text last updated on:
Dec 31, 2024
Within 48 hours of acquiring a vehicle titled and registered in Minnesota, a dealer must: (1) notify the commissioner that the dealership is holding the vehicle for resale. The notification must be made electronically as prescribed by the commissioner. The dealer may contract this service to a deputy registrar and the registrar may charge a fee of $7 per transaction to provide this service; and (2) remove any plates from the vehicle and dispose of them as prescribed by the commissioner.
