Sec. 3. The board shall classify dealers required to be licensed under this chapter based on the enterprise in which each dealer is engaged. The classifications must be consistent with the definitions set forth in this article and must be based on the facts in the dealer’s license application and any supporting papers or any inquiry or investigation made in conjunction with the application.

[Pre-2008 Recodification Citation: 15-2.1-14-3.]

As added by P.L.2-2008, SEC.8.