Maryland Transportation Section 15-305.1

      (a)      A wholesale dealer who is licensed by the Administration under this subtitle:

            (1)      May buy a vehicle from another dealer, at an auto auction, or from a retail seller;

            (2)      May sell a vehicle to or exchange vehicles with another dealer;

            (3)      Except as provided in paragraph (4) of this subsection, may sell a vehicle or exchange vehicles at an auto auction;

            (4)      May not sell a vehicle to or exchange vehicles with a retail buyer; and

            (5)      May not buy, sell, or exchange new vehicles.

      (b)      A wholesale dealer shall keep a record of the following:

            (1)      The year, make, model, and identification number of a vehicle that is bought, sold, or exchanged;

            (2)      The date that a vehicle is bought, sold, or exchanged;

            (3)      The amount for which a vehicle is bought or sold;

            (4)      The name, address, and license number of the other person with whom the wholesale dealer conducts a purchase, sale, or exchange;

            (5)      The odometer mileage statement for a vehicle that is required under the federal Motor Vehicle Information and Cost Act; and

            (6)      Each invoice, bill of sale, and other pertinent document and record in the form required by the Administration.