#Change address on license illinois registration
#Change address on license illinois code

Additionally, the following requirements must be met: The office space used by a dealer must be properly and permanently equipped with the necessary office equipment and machines, and documents and papers adequate to properly conduct business conduct business as a dealer and must be within a permanent building or structure. An established place of business shall not include a residence tent temporary stand temporary address office space or room or rooms in a hotel, rooming house or the premises occupied by a single or multiple unit dwelling house. However, the dealer may meet this requirement by a written contract for the use of and by using a nearby established repair shop or garage. In addition, each person shall also have facilities within such established place of business to carry out and honor warranties or undertaking made to buyers or venders and to place vehicles in safe operating condition.

#Change address on license illinois code

Fees will be required for all corrected documents.Д®ach person seeking to be or already duly licensed as a new or used vehicle dealer under the Illinois Vehicle Code shall maintain an established place of business which shall, be regularly occupied for the primary and principal purpose of selling, buying, bartering, exchanging or dealing in vehicles and have on display, vehicles held for sale, resale or exchange.Adding or dropping a franchise to sell to vehicles.Changing officers or directors of a corporation.Opening another place of business, in addition to your established location.If any one of the following changes occur, dealers should contact the Dealer License Section so that the correct applications will be mailed.

Once the dealer surrenders his/her previous Certificate of Authority, then the Secretary of State will issue a new once with the correct name, address and business entity. The dealer must also submit a corrected Certificate of Insurance reflecting the change. Once you receive a new tax clearance from the Department of Revenue, you must submit it to the Secretary of StateвЂ™s office. The dealer is also required to contact the Department of Revenue and inform them of the change. This form should be completed and returned with an accompanying check or money order before November 15 to insure that the renewal will be processed before December 31st, the date of expiration for all dealer licenses.ДЄny changes affecting the dealershipвЂ™s name, address and corporate structure require that the dealer make an application for a new license, The Secretary of StateвЂ™s fee for this service is $2.00. After three years of operation, new car dealers are exempt from the bonding renewal requirements.Д®very dealer will receive a renewal application from the Secretary of State in August.

A bond or certificate of deposit in the amount of $20,000 for each location at which applicant intends to act as a new vehicle dealer.

A $1000.00 license fee for applicants established place of business, but if such application is made after July 1st, the license fee is $500.00.

Such policy should not expire any sooner than December 31st of the year for which the license is issued.

A Certificate of Insurance, that the policy held provides coverage in minimum amounts of $100,000 for bodily injury to, or death of, any one person $300,000 for bodily injury to, or death of, two or more persons in any one accident and $50,000 for damage to property.

A statement from each manufacturer, stating that a franchise has been awarded to said corporation.

#Change address on license illinois registration

A statement that the applicant has been approved for registration under the RetailerвЂ™s Occupation Tax Act.An application for a new vehicle dealerвЂ™s license to be filed with the Secretary of State.The Illinois Secretary of State requires the following in regard to the establishment of a new car facility. Application For New Motor Vehicle Dealer License