32-7B-3 — Classification of licenses.
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32-7B-3.
Classification of licenses.
Any dealer's license issued under this chapter shall be of
the following classification:
(1)
"Boat dealer's license," to permit the licensee to engage in the business of selling or
exchanging new and used boats;
(2)
"Used boat dealer's license," to permit the licensee to engage in the business of selling or
exchanging used boats only.
A license issued in any of the above classifications allows a boat dealer to engage in the business
of selling or exchanging new and used boat trailers without a separate license or additional fee.
Source: SL 1998, ch 185, § 3.