§ 9-32-2.1-12 — "Dealer owner"

Indiana § 9-32-2.1-12

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 32: DEALER SERVICES
• Ch. 2.1: Definitions

Text

"Dealer owner" means the following:
(1) For a transport operator, a licensed dealer, or an applicant
dealer, other than a manufacturer, the following:
(A) If a corporation, each officer, director, and shareholder
having a ten percent (10%) or greater ownership interest in the
corporation.
(B) If a corporation and it has no officer, director, or
shareholder having a ten percent (10%) or greater ownership
interest in the corporation, one (1) or more officers, directors,
or shareholders designated in writing by the board of directors.
(C) If a sole proprietorship, the proprietor.
(D) If a partnership, each partner.
(E) If a limited liability company, each member of the
company.
(2) For a licensed or applicant manufacturer, one (1) or more
officers, directors, or shareholders designated in writing by the
manufacturer.

Legislative History

As added by P.L.104-2024, SEC.31.