Current through Register Vol. 39, No. 6, September 16, 2024
(a) Statutory
Definitions: Definitions for words and phrases used in this Section and not
defined in subsection (b) shall be the same as the definitions appearing in
G.S.
20-286 and
G.S.
20-4.01.
(b) Administrative Definitions: The following
words and phrases shall have the meanings listed below when used in this
Section:
(1) "Established Salesroom" - A
salesroom containing at least 96 square feet of floor space in a permanently
enclosed building or structure which is separate and apart from any living
quarters, residence or other business and having a separate entrance; where any
vehicles displayed are separate and apart from vehicles of any other dealer;
having displayed thereon or immediately adjacent thereto a sign, in block
letters of not less than 3 inches in height on a contrasting background,
clearly and distinctly designating the trade name of the business at which a
permanent business of bartering, trading and selling of motor vehicles will be
carried on as such in good faith and at which place of business shall be kept
and maintained the books, records, and files the Division requires as necessary
to conduct the business at such location. A building is not considered
permanent if it has wheels. In order for a manufactured home to be considered a
permanent enclosed building, it must be underpinned and wheels removed.
Provided, however, the minimum area requirement provided for in this Paragraph
is not applicable to any established place of business lawfully in existence
and duly licensed on or before January 1, 1978.
(2) "Established Office" (Wholesaler) - An
office containing at least 96 square feet of floor space in a permanently
enclosed building or structure which is accessible to Division personnel and is
where required books, records and files are kept.
(3) "Suspension" - The temporary withdrawal
of a license issued by the Division of Motor Vehicles to a motor vehicle
dealer, manufacturer, factory branch, distributor, distributor branch,
wholesaler or their sales representative for a definite period.
(4) "Revocation" - The termination of a
license issued by the Division of Motor Vehicles to a motor vehicle dealer,
manufacturer, factory branch, distributor, distributor branch, wholesaler or
their sales representative.
(5)
"Automobile" - Any passenger car or station wagon.
