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This entry was published on 2022-12-09
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SECTION 875-G
Internal compliance, certification, and reporting
General Business (GBS) CHAPTER 20, ARTICLE 39-BB
§ 875-g. Internal compliance, certification, and reporting. 1. Every
dealer shall:

(a) implement and maintain sufficient internal compliance procedures
to ensure compliance with the requirements of this article; and

(b) annually certify to the superintendent that such dealer has
complied with all of the requirements of this article. The
superintendent shall by regulation determine the form and content of
such annual certification.

2. (a) The superintendent shall promulgate regulations requiring
periodic inspections of not less than one inspection of every dealer
every three years, during regular and usual business hours, by the
division of state police of the premises of every dealer to determine
compliance by such dealer with the requirements of this article. Every
dealer shall provide the division of state police with full access to
such dealer's premises for such inspections.

(b) The superintendent shall prepare an annual report providing
information on the number of dealers inspected annually, the number of
dealers in compliance with the requirements of this article, the number
of dealers failing to comply with the requirements of this article, and
other information that the superintendent deems necessary and
appropriate. The first report shall be delivered to the governor, the
majority leader of the senate and the speaker of the assembly, and shall
be made available to the public on the division of state police website,
on or before January first, two thousand twenty-four and annually
thereafter.