8-2403. Vehicle dealers required to have licenses; exceptions; supervision by director of vehicles.
8-2403
8-2403. Vehicle dealers required to have licenses;
exceptions; supervision by director of vehicles.
(a) No person shall engage in the business of a vehicle dealer
unless such person has complied with the applicable
provisions of this act. The director shall
issue licenses provided for by this act and shall have supervision over
the licensees hereunder in respect to all the provisions of this act.
(b) This act shall not apply to:
(1) Vehicle dealers or manufacturers dealing
exclusively in farm trailers or utility or boat trailers having a gross
weight of 2,000 pounds or less and which are not required
by law to be registered; or
(2) charitable organizations, which are exempt
from federal income taxation pursuant to section 501(c)(3)
and are eligible recipients
of charitable contributions pursuant to section 170(c)(2)
of the federal
internal revenue code, selling motor vehicles at a charitable auction.
History: L. 1980, ch. 36, § 3; L. 1981, ch. 48, § 3;
L. 1991, ch. 33, § 20;
L. 1994, ch. 299, § 3; July 1.