2014 Indiana Code TITLE 9. MOTOR VEHICLES ARTICLE 32. DEALER SERVICES CHAPTER 8. BOAT DEALERS
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IC 9-32-8
Chapter 8. Boat Dealers
IC 9-32-8-1
Repealed
(Repealed by P.L.62-2014, SEC.22.)
IC 9-32-8-2
Necessity of licensure of boat dealer
Sec. 2. A person must be licensed under this chapter before the
person may engage in the business of selling boats.
As added by P.L.92-2013, SEC.78.
IC 9-32-8-3
Application for boat dealer license; conditions
Sec. 3. (a) An application for a boat dealer license must meet all
the following conditions:
(1) Be accompanied by the fee under IC 9-29-17-5.
(2) Be on a form prescribed by the secretary.
(3) Contain any information that the secretary reasonably needs
to enable the secretary to determine fully the:
(A) qualifications and eligibility of the applicant to receive
the license;
(B) location of each of the applicant's places of business in
Indiana; and
(C) ability of the applicant to conduct properly the business
for which the application is submitted.
(b) An application for a license as a boat dealer must show
whether the applicant proposes to sell new or used boats or both new
and used boats.
As added by P.L.92-2013, SEC.78.
IC 9-32-8-4
License; specification of business location; display
Sec. 4. A license issued to a boat dealer must specify the location
of each place of business and shall be conspicuously displayed at
each business location. If a business name or location is changed, the
licensee shall notify the secretary within ten (10) days and remit the
fee specified under IC 9-29-17-6(a). The secretary shall endorse that
change on the boat dealer license if it is determined that the change
is not subject to other provisions of this chapter.
As added by P.L.92-2013, SEC.78.
IC 9-32-8-5
Term of license; fees
Sec. 5. A boat dealer license issued under this chapter shall be
issued and expires based on the business name of the boat dealer as
set forth in IC 9-32-11-12 or IC 9-32-11-12.5. All license fees shall
be paid at the rate under IC 9-29-17-5.
As added by P.L.92-2013, SEC.78. Amended by P.L.62-2014,
SEC.23.
IC 9-32-8-6
Evidence of business liability insurance
Sec. 6. (a) A person licensed under this chapter shall furnish
evidence that the person currently has liability insurance covering the
person's place of business. The policy must have limits of not less
than the following:
(1) One hundred thousand dollars ($100,000) for bodily injury
to one (1) person.
(2) Three hundred thousand dollars ($300,000) per accident.
(3) Fifty thousand dollars ($50,000) for property damage.
(b) The minimum amounts must be maintained during the time the
license is valid.
As added by P.L.92-2013, SEC.78.
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