§ 31-5-5 - Dealers' license required – "Dealer" defined.

SECTION 31-5-5

   § 31-5-5  Dealers' license required –"Dealer" defined. – No motor vehicle dealer shall engage in business as a dealer in this statewithout a license for it as provided in §§ 31-5-6 – 31-5-10. Anyperson, firm, or corporation who sells or acts as a broker with respect to thesale of more than four (4) vehicles in any one calendar year shall beconsidered a motor vehicle dealer. Any person, firm or corporation who, priorto the retail sale of a motor vehicle, converts, or otherwise assembles,installs, or affixes a body, cab or special equipment to a chassis or who addsto, subtracts from, or modifies a previously assembled or manufactured motorvehicle, shall be considered a motor vehicle dealer.