41-3-201.5 - Brokering of a new motor vehicle without a license prohibited.
41-3-201.5. Brokering of a new motor vehicle without a license prohibited.
(1) (a) A person may not, for a fee, commission, or other form of compensation, arrange,offer to arrange, or broker a transaction involving the sale or lease of more than two:
(i) new or used motor vehicles in any 12 consecutive month period, unless the person islicensed under Subsection 41-3-202(1); or
(ii) used motor vehicles in any 12 consecutive month period, unless the person islicensed under Subsection 41-3-202(2).
(b) Each transaction a person arranges, offers to arrange, or brokers involving the sale orlease of a motor vehicle for a fee, commission, or other form of compensation is a separateviolation under this section if:
(i) the person has for a fee, commission, or other form of compensation, arranged,offered to arrange, or brokered the sale or lease of more than two new or used motor vehicleswithin the previous 12 consecutive month period; and
(ii) the person is not licensed under Subsection 41-3-202(1).
(2) A person who violates this section is guilty of a class B misdemeanor.
Amended by Chapter 393, 2010 General Session