605 KAR 1:160. Motor vehicle component manufacturers

      Section 1. Definition. "Motor vehicle component manufacturer" means any resident person, partnership, firm, association, corporation or trust, who manufactures or assembles components or constituent parts, for inclusion in the final assembly of new motor vehicles, in this state, but is not otherwise involved in the distribution or sale of motor vehicles.

 

      Section 2. The license fee for a calendar year or any part of a calendar year for a motor vehicle component manufacturer shall be $100.

 

      Section 3. The following statutes and administrative regulations shall apply to a licensee or applicant for a license under this administrative regulation: KRS 186.070, 190.020, 190.030(4), (5), (7), (9), (11), 190.033, 190.040, 190.053, 190.057, 190.058, 190.059, 605 KAR 1:070, and 605 KAR 1:130.

 

      Section 4. A licensee licensed under this administrative regulation shall be prohibited from otherwise engaging in the business of a motor vehicle manufacturer or dealer. (14 Ky.R. 678; eff. 11-6-87; Am. 18 Ky.R. 474; eff. 10-1-91.)

Notation

      RELATES TO: KRS 186.070, 190.010-190.990

      STATUTORY AUTHORITY: KRS 190.015, 190.020, 190.030(1), 190.058(8), 190.073

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 190.030 authorizes the Motor Vehicle Commission to provide by administrative regulation for other licensee activities. The function of this administrative regulation is to provide a means for motor vehicle component manufacturers to qualify for a license and to otherwise conduct necessary business functions in accordance with applicable state laws and administrative regulations.