OTC Form BM-32 Application for Used Boat and Motor Dealer License - Oklahoma

Form BM-32 is a Oklahoma Tax Commission form also known as the "Application For Used Boat And Motor Dealer License". The latest edition of the form was released in August 1, 2017 and is available for digital filing.

Download an up-to-date fillable Form BM-32 in PDF-format down below or look it up on the Oklahoma Tax Commission Forms website.

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Form BM-32
Revised 8-2017
MBL
Oklahoma Tax Commission
Fee: $50.00
Application for Used Boat and Motor Dealer License
Remittance Must
Motor Vehicle Division • 2501 North Lincoln Blvd. • Oklahoma City, OK 73194-1000
Accompany This
Phone (405) 521-3669 • Website: www.tax.ok.gov
Application
Please complete all the required information. Type or print legibly.
Ownership:
Check one:
Sole Proprietorship
General Partnership
Corporation
LLC
Limited Partnership
OK
UDL
FEIN/SSN: _________________________________ Dealer Number (if renewal): __________________________
Name of Owner(s): _____________________________________________________________________________
Mailing Address of Business: _____________________________________________________________________
_____________________________________________________________________
City
State
Zip Code
Business Telephone Number:
___________________________________________________
(area code and number)
Name of Business/DBA: _________________________________________________________________________
Physical Location of Business: (do not use post office box or rural route number)
_____________________________________________________________________________________________
Street Number
City
State
Zip Code
Original (If this dealership has never been licensed)
Renewal (Renewal of an existing license)
If any of the following five questions are answered “no” or any of the two requirements listed below cannot be
provided, you may not qualify for an Oklahoma Used Boat and Motor Dealer License.
Yes
No
1. This dealership maintains a display area capable of regularly displaying at least three (3)
vessels or motors, or a minimum of one thousand two hundred (1,200) square feet, indoors
or outdoors.
Yes
No
2. This dealership has annual sales of substantial numbers of used vessels or motors.
“Substantial sales” normally means sale of five (5) or more vessels or motors, unless the
applicant can show unusual circumstances justifying lesser sales.
Yes
No
3. This dealership consistently identifies the business as a used boat and motor dealer in
advertising, signs, telephone book listings and the like. This dealership is clearly identifiable
as such.
Yes
No
4. This dealership is located in an area where zoning laws permit such sales and commercial
operation, if such zoning laws exist.
Yes
No
5. This dealership has regular hours of operation at least five (5) days per week during the
normal boating season from May 1 through September 1, inclusive.
A photograph of the business location, lot and business sign is required to be submitted with this applica-
tion. Failure to submit proper documents will delay the issuance of this license.
I, the undersigned applicant, authorized representative, or if a corporation, a responsible officer for reporting and remitting taxes,
declare under the penalties of perjury that I have examined this application and attachments and to the best of my knowledge the
facts set forth are true and correct, and that the requirements hereunder will be carried out in accordance with the laws of the State
of Oklahoma and the rules and regulations of the Oklahoma Tax Commission.
Signature of Applicant
Title
Date
Form BM-32
Revised 8-2017
MBL
Oklahoma Tax Commission
Fee: $50.00
Application for Used Boat and Motor Dealer License
Remittance Must
Motor Vehicle Division • 2501 North Lincoln Blvd. • Oklahoma City, OK 73194-1000
Accompany This
Phone (405) 521-3669 • Website: www.tax.ok.gov
Application
Please complete all the required information. Type or print legibly.
Ownership:
Check one:
Sole Proprietorship
General Partnership
Corporation
LLC
Limited Partnership
OK
UDL
FEIN/SSN: _________________________________ Dealer Number (if renewal): __________________________
Name of Owner(s): _____________________________________________________________________________
Mailing Address of Business: _____________________________________________________________________
_____________________________________________________________________
City
State
Zip Code
Business Telephone Number:
___________________________________________________
(area code and number)
Name of Business/DBA: _________________________________________________________________________
Physical Location of Business: (do not use post office box or rural route number)
_____________________________________________________________________________________________
Street Number
City
State
Zip Code
Original (If this dealership has never been licensed)
Renewal (Renewal of an existing license)
If any of the following five questions are answered “no” or any of the two requirements listed below cannot be
provided, you may not qualify for an Oklahoma Used Boat and Motor Dealer License.
Yes
No
1. This dealership maintains a display area capable of regularly displaying at least three (3)
vessels or motors, or a minimum of one thousand two hundred (1,200) square feet, indoors
or outdoors.
Yes
No
2. This dealership has annual sales of substantial numbers of used vessels or motors.
“Substantial sales” normally means sale of five (5) or more vessels or motors, unless the
applicant can show unusual circumstances justifying lesser sales.
Yes
No
3. This dealership consistently identifies the business as a used boat and motor dealer in
advertising, signs, telephone book listings and the like. This dealership is clearly identifiable
as such.
Yes
No
4. This dealership is located in an area where zoning laws permit such sales and commercial
operation, if such zoning laws exist.
Yes
No
5. This dealership has regular hours of operation at least five (5) days per week during the
normal boating season from May 1 through September 1, inclusive.
A photograph of the business location, lot and business sign is required to be submitted with this applica-
tion. Failure to submit proper documents will delay the issuance of this license.
I, the undersigned applicant, authorized representative, or if a corporation, a responsible officer for reporting and remitting taxes,
declare under the penalties of perjury that I have examined this application and attachments and to the best of my knowledge the
facts set forth are true and correct, and that the requirements hereunder will be carried out in accordance with the laws of the State
of Oklahoma and the rules and regulations of the Oklahoma Tax Commission.
Signature of Applicant
Title
Date
Financial Statement
Form BM-FS
Revised 10-2014
To Be Completed and Submitted with
Date:
Forms BM-32 and BM-33
Current Assets...
1. Cash on hand ............................................................................
2. Accounts receivable ..................................................................
3. Notes receivable ........................................................................
4. Inventory:
A. Parts and accessories .........................................................
B. New boats ............................................................................
C. New motors ..........................................................................
D. Used boats ...........................................................................
E. Used motors ........................................................................
F. Other: ___________________________________ ..........
5. Total Inventory (add lines 1-4 A-F) ...........................................................................
6. Other current assets:
A. __________________________________________ ..........
B. __________________________________________ ..........
7. Total current assets (add lines 5-6 A-B) ....................................................................
8. Land and building ......................................................................
9. Equipment .................................................................................
10. Furniture and fixtures .................................................................
11. Other assets:
A. __________________________________________ ..........
B. __________________________________________ ..........
12. Total assets (add lines 7-11 A-B) .............................................................................
Current Liabilities...
13. Notes payable ............................................................................
14. Accounts payable ......................................................................
15. Other: _______________________________________ ..........
16. Total current liabilities (add lines 13-15) ...................................................................
17. Other liabilities:
A. Real estate mortgages .........................................................
B. Other: ____________________________________ ..........
18. Total liabilities (add lines 16-17 A-B) ......................................................................
19. Net worth or capital ...................................................................................................
20. Total Net Worth and Liabilities (add lines 18-19) ..................................................
I hereby certify that the information submitted on this statement is true and correct to the best of my knowledge and belief.
Firm Name: _________________________________________ By: ___________________________________
Title: ________________________________________________________________________________
Subscribed and sworn before me this _____________day of ______________________________, ____________________ .
My commission expires ________________________. Notary Public: ___________________________________________

Download OTC Form BM-32 Application for Used Boat and Motor Dealer License - Oklahoma

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