Indiana Statutes

§ 9-32-2.1-7 — "Broker"

Indiana § 9-32-2.1-7
JurisdictionIndiana
Title 9MOTOR VEHICLES
Art. 32DEALER SERVICES
Ch. 2.1Definitions

This text of Indiana § 9-32-2.1-7 ("Broker") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 9-32-2.1-7 (2026).

Text

(a)"Broker" means a person that, for a fee, a commission, or other valuable consideration, arranges or offers to arrange a transaction involving the sale, for purposes other than resale, of a new or used motor vehicle and that is not, at any point in the transaction, the bona fide owner of the motor vehicle involved in the transaction.
(b)The term does not include:
(1)a dealer licensed under this article or an employee of a dealer licensed under this article acting in an employment arrangement with the dealer, if the motor vehicle being sold is a motor vehicle in the dealer's inventory or is subject to a consignment agreement between the dealer and the owner of the motor vehicle;
(2)a distributor licensed under this article, or an employee of a distributor licensed under this article a

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 9-32-2.1-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/9-32-2.1-7.