Salesperson Transfer A License - Auto Industry Division

License Transfer

C.R.S. 44-20-110 

If a salesperson chooses to transfer his or her working relationship to a new dealer for the remainder of the salesperson’s license year, he or she must submit a “Change of Employer Notification” to the board, along with any other required documents and a remittance to cover the license-reissue fee.

Because the former dealer may cancel the bond associated with the remainder of the salesperson’s license year, the salesperson must take any necessary steps to ensure that a valid salesperson’s bond will be in effect.

A salesperson shall not engage in sales activities until the dealer conspicuously displays the license of the salesperson in accordance with this regulation.

Authority to Sell Motor Vehicles

Transfer License Period

The new license will be issued for:

  • The remaining months of the 12-month license

  • Will display the salesperson’s name, the new employing dealer’s name, license number and address.

  • The license will be mailed to the new employing dealer.

Terminated Employees

When a salesperson terminates employment with a dealership, the dealer is required to return the salesperson license to the Auto Industry Division.

  • The salesperson must immediately cease selling until employment at another dealership is obtained and proper notification is given to the Auto Industry Division.

Engaging in Sales Activities

A salesperson shall not engage in sales activities until the dealer conspicuously displays the license of the salesperson in accordance with this regulation

Missing Change of Employer Notification Form

If you do not have this form, submit a request for a "reprint" copy of this form. You will be charged the REPRINT fee. Fees

How to Apply

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Salesperson  Transfer Application Checklist

 

 

1. Change of Employer Notification Form 
  • Submit the bottom section of this form only.

  • The top section of this form (section in red) should not be submitted to the Auto Industry Division.

  • The "red" section is the license section and should be posted at the Dealership OR held by the Salesperson.

2. Surety Bond
  • A new bond is only required if your bond has changed during the license period.

3. Pay Fee(s)

Check should be made payable to the Department of Revenue. All fees are subject to change July 1st of every year. See button labeled $ Fees

EXAMPLE of: Change of Employer Notification (DR 2132)

Adobe Acrobat Reader

  • To view or print any of the forms listed on this page, you will need a free copy of Adobe Acrobat Reader.

  • You can download a copy from the Auto Industry home page - Quick Links

For additional information contact the Auto Industry Division at (303) 205-5604 or e-mail your question to: dor_aidlicensing@state.co.us