Delaware Code Title 21 Sec. 6402 – Definitions
As used in this chapter:
(1) “Dealer” or “dealership” means any person, corporation, partnership or limited partnership who has sold 5 or more motor vehicles within the 12 months preceding the date of a violation of this chapter.
(2) “Lessee” means any person, or the agent for any person, who has leased for a term of at least 4 months.
(3) “Lessor” means any person, or the agent for any person, who has leased 5 or more motor vehicles in the past 12 months.
(4) “Mileage” means actual distance that a vehicle has traveled.
(5) “Odometer” means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation; but shall not include any auxiliary odometer designed to be reset by the operator of the motor vehicle for the purpose of recording mileage on trips.
(6) “Repair and replacement” means to restore to a sound working condition by replacing the odometer or any part thereof by correcting what is inoperative.
(7) “Secure printing process or other secure process” means any process which deters and detects counterfeiting and/or unauthorized reproduction and allows alterations to be visible to the naked eye.
(8) “Transfer” means to change ownership of a motor vehicle by purchase, gift or any other means.
(9) “Transferee” means any person to whom ownership in a motor vehicle is transferred by purchase, gift or other means other than by creation of a security interest, and any person who, as agent, signs an odometer disclosure statement for the transferee.
(10) “Transferor” means any person who transfers ownership of a motor vehicle by sales, gift or any means other than by creation of a security interest, and any person who, as agent, signs an odometer disclosure statement for the transferor.
Terms Used In Delaware Code Title 21 Sec. 6402
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Mileage: means actual distance that a vehicle has traveled. See Delaware Code Title 21 Sec. 6402
- Odometer: means an instrument for measuring and recording the actual distance a motor vehicle travels while in operation; but shall not include any auxiliary odometer designed to be reset by the operator of the motor vehicle for the purpose of recording mileage on trips. See Delaware Code Title 21 Sec. 6402
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Transferee: means any person to whom ownership in a motor vehicle is transferred by purchase, gift or other means other than by creation of a security interest, and any person who, as agent, signs an odometer disclosure statement for the transferee. See Delaware Code Title 21 Sec. 6402
- Transferor: means any person who transfers ownership of a motor vehicle by sales, gift or any means other than by creation of a security interest, and any person who, as agent, signs an odometer disclosure statement for the transferor. See Delaware Code Title 21 Sec. 6402