has an agreement with a manufacturer of motorboats to distribute motorboats within this state; and
(b)
in whole or in part sells or distributes motorboats to motorboat dealers. See Utah Code 13-58-102
Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Manufacturer: means a person engaged in the business of constructing, manufacturing, assembling, producing, or importing new motorboats for the purpose of sale or trade. See Utah Code 13-58-102
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(a)
a motorboat dealer; and
(b)
(i)
a manufacturer; or
(ii)
a distributor.
(2)
“Distributor” means a person who:
(a)
has an agreement with a manufacturer of motorboats to distribute motorboats within this state; and
(b)
in whole or in part sells or distributes motorboats to motorboat dealers.
(3)
“Manufacturer” means a person engaged in the business of constructing, manufacturing, assembling, producing, or importing new motorboats for the purpose of sale or trade.
(4)
“Motorboat” means the same as that term is defined in Section 73-18-2.
(5)
“Motorboat dealer” means a person who:
(a)
is engaged in the business of buying, selling, offering for sale, or exchanging new motorboats either outright or on conditional sale, bailment, lease, chattel mortgage, or otherwise; and
(b)
has established in this state a place of business for the sale, lease, trade, or display of new motorboats.
