4501:1-4-01 Military provisions related to processing motor vehicle salvage dealer, salvage motor vehicle auction and salvage motor vehicle pool applications.  

  • Text Box: ACTION: Final Text Box: DATE: 12/10/2015 10:22 AM

     

     

     

    TO BE RESCINDED

     

    4501:1-4-01                 Definitions.

     

     

     

    (A)   A "retail sale" means the act or attempted act of selling, bartering, exchanging, or otherwise disposing of a salvage motor vehicle to an ultimate purchaser for use as a consumer.

     

    The motor vehicle salvage dealer shall be responsible to collect the applicable tax associated with a "retail sale". The amount of such tax to be collected, will be the tax applicable in the county where the salvage motor vehicle title will be obtained by the purchaser.

     

    (B)    A "motor vehicle salvage dealer" means a person who operates a motor vehicle salvage facility or any establishment or place of business which is maintained, used, or operated for the purpose of buying or selling salvage motor vehicles.

     

    (C)   A "salvage motor vehicle pool" means any person who is engaged in the business of storing, displaying, and offering for sale salvage motor vehicles as an agent for a third party.

     

    (D)    A "salvage motor vehicle auctioneer" means any person who is engaged in the business of auctioning salvage motor vehicles for himself or as an agent for a third party.

     

    (E)     A "salvage motor vehicle" means any motor vehicle which is in a wrecked, dismantled, or worn out condition, or unfit for operation as a motor vehicle.

     

    (F)    A "motor vehicle salvage facility" means any establishment or place of business which is maintained, used, or operated for buying or selling wrecked, scrapped, ruined, or dismantled motor vehicles or motor vehicle parts.

     

    (G)    An "established place of business" means any site where commercial transactions take place and where merchandise and inventory are stored. Such establishment shall be in accordance with rule 4501:1-4-04 of the Administrative Code.

     

    (H)   "Insufficient responsibility" means a business net worth of less than twenty thousand dollars.

     

    (I)   A "suitable photograph" means a photograph of the facility, showing the sign on or in front of the established place of business.

     

     

     

     

     

    4501:1-4-01                                               TO BE RESCINDED                                        2

    Effective:                                                             12/20/2015

    Five Year Review (FYR) Dates:                         10/05/2015

    CERTIFIED ELECTRONICALLY

    Certification

    12/10/2015

    Date

    Promulgated Under:                           119.03

    Statutory Authority:                           4738.01

    Rule Amplifies:                                  4738.01 (A) to (E)

    Prior Effective Dates:                         12/1/80

Document Information

Effective Date:
12/20/2015
File Date:
2015-12-10
Last Day in Effect:
2015-12-20
Five Year Review:
Yes
Rule File:
4501$1-4-01_PH_FF_R_RU_20151210_1022.pdf
Related Chapter/Rule NO.: (1)
Ill. Adm. Code 4501:1-4-01. Definitions