<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".10" citation="COMAR 11.12.01.10" title_num="11" subtitle_num="12" chapter_num="01" heading="Records.">
  <paragraph num="A.">
    <text>Records of the dealer business activities shall be preserved in their original form or a format approved by the Administration for a period of time as required by Transportation Article, §15-105, Annotated Code of Maryland.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The records shall be accessible at the location approved by the Administration. If location is other than the licensed location, an electronic or other copy must be maintained at the licensed location and consist of but not be limited to:</text>
    <paragraph num="(1)">
      <text>Transactions regarding purchases, sales, and transfers of ownership, including those conducted with other licensed dealers and salesmen;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Collection of excise tax, titling, and registration fees;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Perpetual inventory of temporary registration plates, certificates, and registration permits assigned to and issued by the dealer. These records shall document the following:</text>
      <paragraph num="(a)">
        <text>Accounting of temporary registration plates, certificates and permits issued; and</text>
      </paragraph>
      <paragraph num="(b)">
        <text>An accounting of temporary registration plates, certificates and permits voided including an explanation of the reason for void;</text>
      </paragraph>
    </paragraph>
    <paragraph num="(4)">
      <text>An assigned title for each untitled vehicle in the dealer’s inventory; and</text>
    </paragraph>
    <paragraph num="(5)">
      <text>While the vehicle is in the possession of prospective retail customers, records documenting the:</text>
      <paragraph num="(a)">
        <text>Name of each prospective retail customer of the vehicle;</text>
      </paragraph>
      <paragraph num="(b)">
        <text>Beginning and ending odometer reading of the vehicle for the period each prospective retail customer had possession of the vehicle; and</text>
      </paragraph>
      <paragraph num="(c)">
        <text>Dealer tag number of interchangeable plate displayed on the vehicle.</text>
      </paragraph>
    </paragraph>
  </paragraph>
</regulation>