Authority: IC 9-32-3-1
Affected: IC 9-32
Sec. 7.
STEP ONE: Determine the total number of motor 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) motor vehicles divided by twelve (12) months equals ten (10) license plates.
75 IAC 6-3-7