What document must be submitted to change dealerships during the licensing year?

The correct document to submit when changing dealerships during the licensing year is the Change of Employer Notification Form. This form is specifically designed to notify the Colorado Department of Revenue, Motor Vehicle Division about the change in employment status of a licensed salesperson.

Submitting this form is crucial as it ensures that your licensing record is updated to reflect your new employer. It maintains compliance with state regulations and helps in tracking the salesperson’s activity within the motor vehicle sales industry. When a salesperson switches dealerships, they must inform the licensing authority to ensure there are no disruptions in their ability to operate legally, which this form facilitates.

In contrast, the other options do not serve the specific purpose of indicating a change of employment status for an individual salesperson. The Change of Business Form usually pertains to changes in the business structure or ownership rather than employment. The Dealer Transfer Form typically relates to the transfer of a dealer's license rather than an individual’s employment status. A New License Application would be needed if someone were to apply for a license for the first time or after a significant lapse in licensure, rather than simply changing their employment within the same licensing period.