REQUIREMENTS

Change of Entity applications are governed by the following Laws & Regulations:

Colorado Statutes & Regulations for the Motor Vehicle Industry, Title 12, Article 6, Part 1, C.R.S and 1.C.C.R. 205-1.

C.R.S. 12-6-104 (3) (g) – Application Requirements

12-6-104 (3) (g) (14)– Application Requirements, Regulation

C.R.S. 12-6-105 (1) (e)

12-6-105 (1) (e), Regulation

Colorado Statutes & Regulations for the Powersports Industry, Title 12, Article 6, Part 5 Powersports Vehicles

12-6-505 (1) (g) (2), Regulation

FORMS REQUIRED

The required forms can be found on this website. Click on the links below:

Dealer/Wholesaler Application Packet Forms 

Powersports Dealer/Wholesaler Application Packet Forms 

• Anytime an existing Dealer changes from one form of operating entity to another, a new application must be completed with all the required forms, financial information and fee.  A new bond is also required for the new entity. The new application must meet the current Dealer Board guidelines for financial fitness and background.
• An operating entity refers to the business type: individual, partnership, LLC or corporation.
• Partnerships:  If you are adding or deleting a partner or partners, this action dissolves the "original" partnership and forms a "new" partnership.
• Failure to complete all sections of the application may result in a rejection or delay in processing.

 Examples of Entity Changes are:

Individual changing to a partnership

Individual changing to a corporation

Individual changing to a Limited Liability corporation.

Partnership changing to corporation

Partnership changing to Limited Liability Company

Partnership adding or deleting a partner or partners 

Limited Liability Company changing to an individual.

Limited Liability Company changing to a partnership

Limited Liability Company changing to a corporation

Corporation changing to an individual.

Corporation changing to a partnership.

Corporation changing to a Limited Liability company

*Note these forms can also be found in the “Forms and Publications” section of this website. See section titled: Dealer/Wholesaler Application Packet Forms 

FEE REQUIRED

See current fiscal year Fee Schedule Checks should be made to: Colorado Department of Revenue

ADDITIONAL QUESTIONS

If you have additional questions, call our main number: 303-205-5604 or e-mail your question to: dor_dealers@state.co.us