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Auto Dealer Services Division

Auto Dealer Services Division > Documentation Changes > Change of Ownership Change of Ownership

If there is a change in the ownership of a dealership, the current dealer must notify the Auto Dealer Services Division that the dealer will be going out of business (See http://www.in.gov/sos/dealer/3950.htm for requirements).  The successive owner must complete a new application.

Sole Proprietorship

The dealership owner with the current license must submit a completed state affidavit form stating that the dealership will be going out of business.  The affidavit must be signed by the owner and notarized. Please list the name of dealership, address, and the seven digit dealer number on the affidavit.  The current dealer must submit the affidavit and return the current dealer license and all permanent dealer license plates and interim plates, along with registrations, to the Auto Dealer Services Division in-person or by mailing to the following address:

Office of the Indiana Secretary of State
Auto Dealer Services Division 
302 W. Washington St.
Room E-018
Indianapolis, IN 46204

The new owners must submit a new application for dealer business license with the basic documents identified in the new applications section.

Partnership

Dealership partners with a current dealer license must submit a complete state affidavit form stating that the dealership will be going out of business. The affidavit must be signed by all partners and notarized. Please list the name of dealership, address and seven digit dealer number on the affidavit.  The current dealer must submit the affidavit and return the current dealer license and all permanent dealer license plates and interim plates, along with registrations, to the Auto Dealer Services Division in-person or by mailing to the following address:

Office of the Indiana Secretary of State
Auto Dealer Services Division 
302 W. Washington St.
Room E-018
Indianapolis, IN 46204

New dealership partners must submit a new application for dealer business license; with the basic documents identified in the new applications section.

Partner Change - If one partner is coming off the license, submit a complete state affidavit form identifying which partner to remove from the license. The affidavit must be signed by all partners and be notarized. Please list name of dealership, address and seven digit dealer number on the affidavit.

Corporation/LLC/LLP

A dealership corporation with a current license must submit a completed state affidavit form stating that the dealership will be going out of business.  The affidavit must be signed by all officers and be notarized. Please list name of dealership, address and seven digit dealer number on the affidavit.  The current dealer must submit the affidavit and return the current dealer license and all permanent dealer license plates and interim plates, along with registrations, to the Auto Dealer Services Division in-person or by mailing to the following address

Office of the Indiana Secretary of State
Auto Dealer Services Division 
302 W. Washington St.
Room E-018
Indianapolis, IN 46204

The new dealership officers must submit a new application for dealer business license; with the basic documents identified in the new applications section.

Officer Change - Dealership corporation with a current license must submit notarized letter, signed by all officers, that includes the minutes of the meeting at which there was a change in officers. The letter must be signed by all officers. Please list name of dealership, address, & seven digit dealer number in the letter.