Sec.14-63-28. Dealer qualifications

No licensed motor vehicle or motorcycle dealer shall be authorized by the commissioner to issue passenger motor vehicle or motorcycle registrations pursuant to the provisions of subsection (c) of section 14-12 of the general statutes until such dealer has satisfied the commissioner that he meets the following requirements:

(a) Such dealer has not had his Connecticut dealer's license suspended pursuant to section 14-64 of the general statutes within one year of the date of the submission of his application for authorization to issue such registrations.

(b) That his application for authorization to issue such registrations is accompanied by a surety bond in such form as the commissioner shall prescribe in the amount of five thousand dollars conditioned on the faithful performance by the applicant of his duties in connection with the issuance of new registrations for passenger motor vehicles or motorcycles, such bond to be held by the commissioner to satisfy any loss suffered by his department through any action, malfeasance or failure to act on the part of such applicant.

(Effective April 18, 1986)