Motor Vehicle Commission - Sales Finance public meetings in 2023
6 substantive meetings from 2023, with official agendas or minutes and plain-English summaries.
Motor Vehicle Commission - Sales Finance
The Motor Vehicle Sales Finance Division is meeting to ratify sales finance licenses for 15 companies, including CarPutty Inc., Moes Auto Plex 2 LLC, and others. The agenda also includes approval of minutes, reports, and an executive session for personnel and legal matters. No other substantive decisions or proposals are listed.
- Ratification of sales finance licenses for 15 companies (license #SF-2023-01314 through #SF-2023-01328)
- Ratification of GAP Administrator licenses (#GA-2023-00158 through #GA-2023-00159, #GA-2024-00100)
- Ratification of GAP Administrator Agent licenses (#GAA-2022-00180 through #GAA-2022-00182, #GAA-2023-00160 through #GAA-2023-00173, #GAA-2024-00001 through #GAA-2024-00002)
- Executive session scheduled for personnel matters and legal advice
The Commission unanimously approved the minutes from the September 11, 2023 meeting and the financial statements for September and October. Additionally, the Commission reviewed and issued initial motor vehicle sales finance licenses to 16 applicants.
- Approved September 11, 2023 meeting minutes (unanimous)
- Approved September and October financial statements (unanimous)
- Issued sales finance license #SF-2023-01314 to CarPutty Inc.
- Issued sales finance license #SF-2023-01315 to Moes Auto Plex 2 LLC
- Issued sales finance license #SF-2023-01316 to Courtesy of Acadiana LLC
- Issued sales finance license #SF-2023-01317 to Freeland Power Sports, L.L.C.
- Issued sales finance license #SF-2023-01318 to Left Lane Motors L.L.C.
- Issued sales finance license #SF-2023-01319 to FI Connect, LLC
Motor Vehicle Commission - Sales Finance
The Motor Vehicle Sales Finance Division met on September 11, 2023, to review reports from the Executive Director and Counselors. The meeting included the ratification of several recently issued sales finance company licenses and GAP administrator licenses.
- Ratification of sales finance licenses #SF-2023-01299 through #SF-2023-01313
- Ratification of GAP Administrator licenses #GA-2023-00144 through #GA-2023-00157
- Ratification of GAP Administrator Agent licenses #GAA-2022-00179 and #GAA-2023-00115 through #GAA-2023-00159
The Motor Vehicle Sales Finance Division unanimously approved three consent judgments regarding licensing violations for Papa Joe's Auto Sales LLC and its DBA Joel’s Auto Sales. The business was ordered to pay a total of $6,400 in fines and costs across three separate hearings.
- Approved Consent Judgment for Papa Joe's Auto Sales LLC (Hearing #2023-098): $2,000 fine and $400 pre-hearing cost (Unanimous)
- Approved Consent Judgment for Papa Joe's Auto Sales LLC DBA Joel’s Auto Sales (Hearing #2023-099): $2,000 fine (Unanimous)
- Approved Consent Judgment for Papa Joe's Auto Sales LLC DBA Joel’s Auto Sales (Hearing #2023-100): $2,000 fine (Unanimous)
- Approved July 10, 2023 meeting minutes (Unanimous)
- Approved July and August financial statements (Unanimous)
Motor Vehicle Commission - Sales Finance
The Motor Vehicle Sales Finance Division met to review reports from the Executive Director and Counselors. The meeting included the ratification of several recently issued sales finance company licenses and GAP administrator licenses.
- Ratification of sales finance licenses for companies including Sterling Automotive Group, Inc. and Regional Finance Company of Louisiana, LLC
- Ratification of GAP Administrator License for Phoenix American Administrators, Inc.
- Ratification of sales finance license numbers SF-2023-01282 through SF-2023-01298
- Ratification of GAP administrator and agent licenses
The Commission ratified a consent judgment requiring Barnhall Financial Services, Inc. to pay a fine and pre-hearing costs. The board also approved several initial motor vehicle sales finance and GAP Administrator licenses.
- Approved Consent Judgment for Barnhall Financial Services, Inc. including a $12,000 fine and $400 pre-hearing cost (Unanimous)
- Approved May 8, 2023 meeting minutes (Unanimous)
- Approved May and June financial statements (Unanimous)
- Ratified 14 initial motor vehicle sales finance licenses (Unanimous)
- Ratified initial GAP Administrator license for Phoenix American Administrators, Inc. (Unanimous)
Motor Vehicle Commission - Sales Finance
The division will conduct a hearing regarding Pelican Motors And Finance LLC and review various reports. The body is also scheduled to ratify several issued sales finance, GAP administrator, and agent licenses.
- Hearing: #2023-105, Pelican Motors And Finance LLC
- Ratification of Sales Finance Licenses (various locations)
- Ratification of GAP Administrator Licenses
- Ratification of GAP Administrator Agent Licenses
The Commission held a hearing to reconsider the denial of a motor vehicle sales finance license for Pelican Motors And Finance LLC and affirmed the original denial. The board also approved the March 27, 2023 meeting minutes and March and April financial statements. Additionally, the Executive Director reported the issuance of several initial motor vehicle sales finance licenses.
- Affirmed denial of motor vehicle sales finance license for Pelican Motors And Finance LLC
- Approved March 27, 2023 meeting minutes (unanimous)
- Approved March and April financial statements (unanimous)
Motor Vehicle Commission - Sales Finance
The Motor Vehicle Sales Finance Division met to review reports from Counselors and the Executive Director. The body acted to ratify several previously issued sales finance, GAP administrator, and GAP administrator agent licenses.
- Ratification of sales finance licenses for companies including Lendmark Financial Services, Carvana FAC LLC, and Sango Buick GMC, LLC
- Ratification of GAP Administrator licenses #GA-2023-00106 through #GA-2023-00130
- Ratification of GAP Administrator Agent licenses #GAA-2023-00008 through #GAA-2023-00062
The Commission unanimously approved the minutes from the January 16, 2023 meeting and the financial statements for January and February. The Executive Director reported that applications were in order for 16 initial motor vehicle sales finance licenses.
- Approved January 16, 2023 meeting minutes (Unanimous)
- Approved January and February financial statements (Unanimous)
- Issued license #SF-2022-01384 to Lendmark Financial Services, LLC (Lake Charles)
- Issued license #SF-2022-01385 to Lendmark Financial Services, LLC (New Iberia)
- Issued license #SF-2022-01390 to Rabeaux's Auto Sales, Inc. (Lafayette)
- Issued license #SF-2022-01391 to Carvana FAC LLC (Tempe, AZ)
- Issued license #SF-2022-01392 to Carvana, LLC of Arizona (Tempe, AZ)
- Issued license #SF-2022-01393 to M O Golf Carts LLC (West Monroe)
Motor Vehicle Commission - Sales Finance
The Motor Vehicle Sales Finance Division will hold a meeting to ratify a large batch of sales finance licenses for auto dealers and GAP administrator licenses. The agenda includes an executive session for personnel and legal matters, and approval of minutes from the previous meeting.
- Ratification of sales finance licenses for 18 companies including Ralphs Auto Sales, EAN Holdings (Enterprise Car Sales), and Credit Acceptance Corporation
- Ratification of GAP administrator licenses for Guardia GAP, Inc. and Dealer Loyalty Protection, Inc.
- Executive session for personnel matters and legal advice
The Commission unanimously ratified a consent judgment requiring DW Don's Automotive Group, LLC to pay fines for licensing and loan authority violations. The board also approved the November 2022 meeting minutes and financial statements for November and December.
- Approved Consent Judgment for DW Don's Automotive Group, LLC requiring a $9,200 fine and $400 pre-hearing cost (Unanimous)
- Approved November 16, 2022 meeting minutes (Unanimous)
- Approved November and December financial statements (Unanimous)