Louisiana Administrative Code
Title 55 - PUBLIC SAFETY
Part III - Motor Vehicles
Chapter 15 - Services Provided by Persons and Business Entities
Subchapter A - Auto Title Companies
Section III-1505 - Application Requirements
Universal Citation: LA Admin Code III-1505
Current through Register Vol. 50, No. 9, September 20, 2024
A. The application for an auto title company shall be on a form approved by the department, and shall require the applicant to provide the following information:
1. the full legal name of the
applicant, including any trade names or aliases;
2. the complete physical and mailing
addresses for the applicant's principal place of business, as well as for any
location from which the applicant intends to conduct business as an auto title
company;
3. the telephone number,
including area code, for each place of business or location listed on the
application;
4. if the applicant is
not a natural person, the full name, complete physical and mailing addresses,
and telephone number of a contact person;
5. if the applicant is not a natural person,
the full name, complete physical and mailing addresses, and telephone number of
all officers, directors, and managers of the applicant;
6. a signed and dated statement by each
natural person listed in the application, stating that they are submitting
themselves for review by the department to determine if they are persons of
good moral character, and that they authorize the department to check their
criminal history; and
7. the auto
title company owner(s) must be citizen(s) of the United States or be lawfully
present in the United States in a status that allows the person to own and
operate a business;
8. the auto
title company owner(s) must have earned at least a high school diploma, GED or
its equivalent;
9. the auto title
company must have a business location within the state of Louisiana where the
auto title company office will operate;
10. proof of registration with the secretary
of state to do business in the state of Louisiana;
11. possess any required business
license;
12. such other information
or documentation that the department may require in order to determine the
eligibility of the applicant.
AUTHORITY NOTE: Promulgated in accordance with R.S. 32:735(B).
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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