New Jersey S2089 establishes a State Board of Used Motor Vehicle Dealers to oversee the licensure of used motor vehicle dealers.
New Jersey S2089, the "Used Motor Vehicle Dealer Licensing Act," establishes an eight-member State Board of Used Motor Vehicle Dealers within the Division of Consumer Affairs in the Department of Law and Public Safety. The board is tasked with overseeing the licensure of used motor vehicle dealers, including retail, wholesale, and retail-wholesale dealers. To be eligible for licensure, applicants must meet certain criteria, such as being at least 18 years old, of good moral character, and holding a valid New Jersey driver’s license or being an officer of a company with a minimum of 500.
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