Conn. Agencies Regs. § 14-16c-3

Current through August 9, 2024
Section 14-16c-3 - Appraiser's damage report on totalled motor vehicles
(a) Each licensed dealer shall make disclosures to the prospective purchaser of each used motor vehicle that it offers for sale in accordance with the provisions of subsection (b) of section 42-225 of the Connecticut General Statutes. If the motor vehicle has been declared a constructive total loss by an insurance company and the title has been stamped "SALVAGE," in accordance with the provisions of section 14-16c of the Connecticut General Statutes, the dealer shall provide to the prospective purchaser a true copy of the appraiser's damage report. Such copy of the damage report shall be initialed by the purchaser and attached to the dealer's copy of the contract of sale.
(b) No person, firm or corporation engaged in the business of leasing or renting motor vehicles and licensed in accordance with section 14-15 of the Connecticut General Statutes shall sell any motor vehicle, the title to which is required to be stamped "SALVAGE," with out providing to the prospective purchaser a true copy of the appraiser's damage report. Such copy of the damage report shall be initialed by the purchaser and attached to the licensee's copy of the contract of sale.
(c) Any licensed dealer who violates any provision of subsection (a) of this section shall be subject to any action or penalty authorized by section 14-64 of the Connecticut General Statutes. Any licensed leasing or rental firm who violates any provision of subsection (b) of this section shall be deemed to have engaged in an unfair deceptive trade practice, in accordance with the provisions of subsections (d) and (e) of section 14-15b of the Connecticut General Statutes.

Conn. Agencies Regs. § 14-16c-3

Adopted effective October 14, 2004