Chapter 5-16 Motor Vehicle Sales Finance Companies 4. While MIADA has been actively assisting in the process of helping to identify and notify Class 2 dealers of the law, it is a voluntary association and represents only a portion of the licensed used car dealers in Massachusetts. The RMV and the Division of Banks believe the best way to better compliance is to communicate with the dealers and municipal licensing authorities about the "sales finance company" licensing requirement. Proper licensing will help to protect consumers and help to avoid the need to discipline unlicensed dealers. 5. Joyce Mover of the RMV (joyce.mover@state.ma.us) is working on this project and may be contacted with questions relevant to the RMV. Nicole Bullock of the Division of Banks (nicole.bullock@state.ma.us), 617-956-1500 ext 585 may be contacted for questions directed to the Division of Banks. 01/14 5:78