Michigan Laws 257.248d – Wholesaler; requirements
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Terms Used In Michigan Laws 257.248d
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
All of the following requirements apply to a wholesaler:
(a) A wholesaler shall not advertise vehicles for sale on the internet or any classified listing unless the advertisement clearly discloses the wholesaler’s license classification and clearly states that a purchaser must be a licensed vehicle dealer.
(b) A wholesaler shall not buy or sell fewer than 24 vehicles in this state each year to retain possession of a wholesaler license.
(c) A wholesaler shall maintain an established place of business in this state in accordance with the conditions listed in section 14(3).
(d) A wholesaler shall maintain and adhere to designated business hours that are filed with the secretary of state.
(e) A wholesaler shall maintain regular hours of operation at an established place of business that include at least 15 regular business hours per week between the hours of 8 a.m. and 5 p.m., Monday through Friday.