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2017 Michigan Compiled Laws
Chapter 257 - Motor Vehicles
Act 300 of 1949 MICHIGAN VEHICLE CODE (257.1 - 257.923)
300-1949-II CHAPTER II ADMINISTRATION, REGISTRATION, CERTIFICATE OF TITLE AND ANTI-THEFT (257.201...257.259)
300-1949-II-DEALERS-AND-WRECKERS-MUST-BE-LICENSED DEALERS AND WRECKERS MUST BE LICENSED (257.248...257.251e)
Section 257.248d Wholesaler; requirements.
Universal Citation: MI Comp L § 257.248d (2017)
257.248d Wholesaler; requirements.
Sec. 248d.
All of the following requirements apply to a wholesaler:
(a) A wholesaler shall not advertise vehicles for sale on the internet or any classified listing unless the advertisement clearly discloses the wholesaler's license classification and clearly states that any purchaser shall be a licensed vehicle dealer.
(b) A wholesaler shall buy or sell not less than 24 vehicles in this state each year to retain possession of a wholesaler license.
(c) A wholesaler shall maintain an established place of business in this state that satisfies the conditions listed in section 14(3).
(d) A wholesaler shall maintain and adhere to designated business hours that are filed with the secretary of state.
History: Add. 2012, Act 498, Eff. Mar. 28, 2013
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