23-112-606. License required.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-112-606. License required. It shall be unlawful for any person to engage in business as a used motor vehicle dealer or to sell a vehicle not his or her own without obtaining a used motor vehicle dealer's license, except that a person defined as a salesperson in § 23-112-602 may act on behalf of the dealer by whom such a person is employed.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-112-606

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Arkansas Code — all titles (historical 2020) · legal_authorities

23-112-602. Definitions.

23-112-602. Definitions. As used in this subchapter: (1)(A) “Auto auction” means any person who operates or provides a place of business or facilities for the wholesale exchange of motor vehicles by and between duly licensed motor vehicle dealers, or from used motor vehicle dealers to individuals, or individuals to used motor vehicle dealers, or any combination thereof, or any motor vehicle dealer licensed to sell used motor vehicles, selling used motor vehicles using an auction format or on consignment. (B) “Auto auction” also applies to any person who provides the facilities for or is in the business of selling motor vehicles in an auction format; (2) “Designee” means a person or entity that: (A) Agrees to perform inspections of used motor vehicle dealers under this subchapter on behalf of the department; and (B) The department determines is appropriately suited for serving as a designee under this subchapter; (3) “Drafter” means any person who obtains financing for the purchase and resale of vehicles of another person or a used motor vehicle dealer through the use of the account of or based on the extension of credit by presenting at the time of purchase of the subject vehicles a documentary draft for purchase of the vehicle or who otherwise promises to pay through the accounts or credit of another person or a used motor vehicle dealer; (4) “Licensed location” means the address designated as the business address of the used motor vehicle dealer on his or her application for a used motor vehicle dealer's license; (5) “Motor vehicle” means any motor-driven vehicle having two (2) or more wheels of the sort and kind required to have an Arkansas motor vehicle license, certificate, or permit for operation in the State of Arkansas; (6) “Off-premises” mean

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-112-602

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-112-602. This identifies an authority to review, not proof of applicability.