(1) A nonprofit organization, prior to engaging in the business of a nonprofit motor vehicle dealer, shall obtain a nonprofit motor vehicle dealer license from the commission.
(2) A nonprofit motor vehicle dealer and persons who act as salespersons for a nonprofit motor vehicle dealer shall be licensed and regulated by the commission under the provisions of this chapter, except that a nonprofit motor vehicle dealer shall not be required to:

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 190.032

  • Client: means a person who has an open case file with a nonprofit organization or governmental agency and who meets the standards for disability or disadvantaging condition as established in administrative regulations promulgated by the commission pursuant to KRS §. See Kentucky Statutes 190.010
  • Commission: means the Motor Vehicle Commission. See Kentucky Statutes 190.010
  • Motor vehicle: means every vehicle intended primarily for use and operation on the public highways that is self-propelled, including low-speed motor vehicles as defined in KRS §. See Kentucky Statutes 190.010
  • Motor vehicle dealer: means any person not excluded by subsection (3) of this section, engaged in the business of selling, offering to sell, soliciting, or advertising the same, of new or used motor vehicles, or possessing motor vehicles for the purpose of resale, either on his or her own account, or on behalf of another, either as his or her primary business or incidental thereto. See Kentucky Statutes 190.010
  • Nonprofit motor vehicle dealer: means a nonprofit organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code that purchases motor vehicles that it may offer for purchase to clients and other individuals who meet the definition of client as defined in this section and who are referred to the organization by public or private social service agencies. See Kentucky Statutes 190.010
  • Person: means a person, partnership, firm, corporation, association, trust, estate, or other legal entity. See Kentucky Statutes 190.010

(a) Comply with KRS § 190.030(7); or
(b) Comply with KRS § 190.035.
(3) A nonprofit motor vehicle dealer may sell vehicles only to: (a) A person who is a client of the nonprofit organization;
(b) A person referred by other nonprofit organizations or governmental agencies who meets the definition of client as defined in KRS § 190.010; or
(c) A licensed motor vehicle dealer or automotive recycling dealer.
(4) The commission shall promulgate administrative regulations in accordance with KRS Chapter 13A to establish requirements for initial application for and renewal of a license to be a nonprofit motor vehicle dealer and standards for disability and disadvantaging condition. In addition, the commission may promulgate additional administrative regulations that are necessary to implement this section.
Effective: July 15, 2010
History: Created 2010 Ky. Acts ch. 43, sec. 1, effective July 15, 2010.