Colorado Car Sales Practice Test

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Prepare for the Colorado Car Sales Exam. Use flashcards and multiple-choice questions to test your knowledge and ensure success. Get ready to ace the test!

Practice this question and more.

After a dealer’s felony conviction, how long do they have to notify the dealer board?

10 days
30 days
60 days
90 days

The correct answer is: 30 days

A dealer who has been convicted of a felony is required to notify the dealer board within 30 days of the conviction. This requirement is in place to ensure that the dealer board can maintain oversight of dealers and uphold the integrity of the automotive marketplace. Timely reporting allows for necessary actions to be taken in response to the felony conviction, which may include disciplinary measures or a review of the dealer's license. The 30-day timeframe reflects the importance of reporting significant legal changes promptly, ensuring both public safety and the reputation of the industry. This framework is part of regulatory measures designed to protect consumers and ensure that dealers meet ethical standards within Colorado's automotive market.