LAC 46:V.2905. Qualifications and Eligibility for Licensure

A. The commission, in determining the qualifications and eligibility of an applicant for a dealer’s license, shall: 1. verify that the applicant has an established place of business properly zoned in the municipality; 2. maintain an office reasonably suited to conduct the business of a used motor vehicle dealership and shall have an enclosed building or structure easily accessible to the public at which place the books, records, files and electronic data shall be maintained for inspection, and shall not mean temporary structures such as stands, lean-tos, or tents; 3. have a permanently affixed sign, at a minimum of 16 square feet and subject to local zoning laws, in front of the establishment which denotes that vehicles are offered for sale at the place of business to which the sign is affixed. If two or more dealers share a place of business, each dealer must display his own sign; 4. have a telephone number for the established place of business which number shall be posted or displayed in or at a place accessible to the public; 5. have a bond with an approved carrier in accordance with R.S. 32:791(G); 6. have the required garage liability insurance policy on all vehicles offered for sale or used in any other capacity in demonstrating or utilizing the streets and roadways in accordance with the financial responsibility laws of the state and for those dealers who conduct the business of daily vehicle rentals, a separate renter’s policy is in effect; 7. demonstrate sufficient business integrity, based upon the applicant's experience in the same or similar businesses, his business history, and whether such applicant will devote full or part time to the business; 8. not owe any outstanding fines for or have any pending violations of the commission’s laws or rules and regulations; 9. not be an immediate family member of, the former employee of, or a former business associate of a dealer whose license was previously revoked or suspended by the commission, and intends to operate the same or substantially the same business as operated by the revoked licensee, or the revoked licensee will be participating in the business.