SB185 Alabama 2015 Session

Under existing law, persons holding a current automotive dismantler and parts recycler license or their agents or employees can buy at a salvage pool or salvage disposal sale provided they have a buyer's identification card

This bill would revise the qualifications for buying at a salvage pool or salvage disposal sale and would require operators to maintain certain records pertaining to sales at salvage pools or salvage disposal sales

This bill would require notice to a purchaser that a motor vehicle for which a salvage or junk certificate has been issued by this state or other state may not be driven or operated on the highways or other public places of this state, except under certain conditions relating to restoration of the vehicle

This bill would also require the licensee to deposit a bond with the Commissioner of Revenue that is the same as the bond required for motor vehicle dealers and would authorize the department, by rule, to allow a bond obtained by a motor vehicle dealer to serve in lieu of the required bond for automotive dismantler and parts recycler licensees

To amend Sections 40-12-414 and 40-12-421, Code of Alabama 1975, relating to restrictions on sales at salvage pools or salvage disposal sales; to revise the qualifications for persons making purchases at salvage pool or salvage disposal sales; to require notice to purchasers; to revise the requirements for the deposit of a bond by licensees; to allow for an alternative bond if authorized by department rule; and to repeal Sections 40-12-422 and 40-12-423, Code of Alabama 1975, relating to salvage dealers licensed in other states and license plates from dismantled vehicles, respectively.