Authority: IC 9-14-2-2
Affected: IC 9-23; IC 9-29
Sec. 10.
STEP ONE: Determine the total number of vehicles (both retail and wholesale) sold, or projected sold, by the applicant in a license year.
STEP TWO: Determine the number of licensed months the applicant was in business during the license year.
STEP THREE: Divide the number in STEP ONE by the number in STEP TWO. For example, a total annual sales of one hundred twenty (120) divided by twelve (12) months equals ten (10) plates.
STEP ONE: Determine the total number of vehicles evaluated or tested under any type of evaluation or testing program or under the control of the manufacturer for which property taxes were assessed.
STEP TWO: Determine the number of licensed months the manufacturer was in business during the license year.
STEP THREE: Divide the number in STEP ONE by the number in STEP TWO. For example, a total evaluated or tested vehicles per year of one thousand two hundred (1,200) divided by twelve (12) equals one hundred (100) plates.
A report of product evaluation program identifying all product evaluation vehicles, designees, and manufacturer plate assignments must be filed by the manufacturer or its subsidiary division on a quarterly basis. Manufacturer plates issued under subsection (b) shall be distributed to its subsidiary divisions or factory branches as indicated on the report of ratio.
75 IAC 4-2-10
Transferred from the Bureau of Motor Vehicles ( 140 IAC 3.5-2-12) to the Secretary of State ( 75 IAC 4-2-10) by P.L. 106-2008, SECTION 54, effective July 1, 2008.