DEALER OWNERSHIP CHANGE INSTRUCTIONS

1. COMPLETE, SIGN AND HAVE NOTARIZED THE ENCLOSED VEHICLE DEALER APPLICATION INDICATING THE NEW OWNERSHIP. APPLICATIONS MUST BE COMPLETED AND RETURNED TO THIS OFFICE BY THE DEALER. APPLICATIONS WILL NOT BE ACCEPTED FROM INSURANCE COMPANIES OR TITLE COMPANIES.

2. MUST HAVE A BUSINESS TELEPHONE LISTED IN THE BUSINESS NAME AND INSTALLED AT THE PLACE OF BUSINESS WHICH IS LISTED ON THE APPLICATION. NO CELLULAR PHONES.

3. OBTAIN A CHANGE RIDER FROM YOUR BONDING COMPANY INDICATING THE BOND BE AMENDED TO READ - (NEW PRINCIPAL(S) DBA TRADE NAME).

4. A NOTARIZED AFFIDAVIT FROM THE CURRENT OWNER, PARTNERSHIP OR CORPORATION AUTHORIZING THE SAID CHANGE.

5. SUBMIT A CHECK OR MONEY ORDER IN THE AMOUNT OF $100.00 TO COVER THE OWNERSHIP CHANGE FEE.

THIS IS TO BE USED ONLY WHEN CHANGING THE CORPORATE OFFICERS, ADDING OR DELETING A PARTNER OR DONATING THE BUSINESS TO A FAMILY MEMBER. IF THE BUSINESS IS OUT RIGHT PURCHASED, NEW LICENSES WILL BE REQUIRED.

(9/99)