32-7B-3 — Classification of licenses.


     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.