|(a) A person may only act as a salvage vehicle agent
if the person holds a license issued by the department and is acting
under the authorization of a salvage vehicle dealer holding a current
license issued by the department.
(b) The holder of a salvage vehicle dealer license
issued by the department may authorize no more than five (5) persons
to operate as salvage vehicle agents under the dealer's license.
(c) A salvage vehicle agent may acquire, sell, or otherwise
deal in non-repairable motor vehicles or salvage motor vehicles in
this state as directed by the salvage vehicle dealer under whose license
the person operates and subject to the authority granted by the department
to the salvage vehicle dealer under whose license the salvage vehicle
(d) To be authorized to act as a salvage vehicle agent
for a salvage vehicle dealer, a person must submit a signed application
on a form prescribed by the department and the applicable license
(e) If the license of the salvage vehicle dealer authorizing
the salvage vehicle agent is canceled or revoked, the salvage vehicle
agent's license shall be canceled after notice and opportunity for
hearing, effective on the date the salvage vehicle dealer's license
is canceled or revoked.
(f) A salvage vehicle dealer shall notify the department
in writing within five days after the salvage vehicle dealer terminates
the authority of the salvage vehicle agent to operate under the salvage
vehicle dealer's license.