Sec. 44. (a) “Used motor vehicle dealer” means any person that within a twelve (12)
month period sells, offers to sell, or advertises for sale, including directly by the Internet or another computer network, at least twelve (12) used motor vehicles (excluding manufactured homes).
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Terms Used In Indiana Code 9-32-2.1-44
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- Lien: A claim against real or personal property in satisfaction of a debt.
- Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
- Trustee: A person or institution holding and administering property in trust.
(b) The term does not include the following:
(1) A receiver, trustee, or other person appointed by or acting under the judgment or order of a court.
(2) A public officer while performing official duties.
(3) A person that holds a mechanic’s lien on a motor vehicle under IC 9-22-6, if the person sells the motor vehicle:
(A) in accordance with requirements in IC 9-22-6; or
(B) to an automotive salvage recycler licensed under IC 9-32-9 after the motor vehicle fails to sell at public auction conducted in compliance with IC 9-22-6.
(4) A person that holds a lien for towing services under IC 9-22-1, if the person complies with all applicable requirements in IC 9-22-1 and IC 9-22-6.
As added by P.L.104-2024, SEC.31.