Current through the 2024 Fourth Special Session
Section 41-3-201.5 - Brokering of a new motor vehicle without a license prohibited(1)(a) A person may not, for a fee, commission, or other form of compensation, arrange, offer to arrange, or broker a transaction involving the sale or lease of more than two: (i) new or used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(1); or(ii) used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(2).(b) Each transaction a person arranges, offers to arrange, or brokers involving the sale or lease of a motor vehicle for a fee, commission, or other form of compensation is a separate violation under this section if:(i) the person has for a fee, commission, or other form of compensation, arranged, offered to arrange, or brokered the sale or lease of more than two new or used motor vehicles within the previous 12 consecutive month period; and(ii) the person is not licensed under Subsection 41-3-202(1).(2) A person who violates this section is guilty of a class B misdemeanor.Amended by Chapter 393, 2010 General Session.