Ind. Code § 9-32-2.1-12

Current through P.L. 171-2024
Section 9-32-2.1-12 - "Dealer owner"

"Dealer owner" means the following:

(1) For a transport operator, a licensed dealer, or an applicant dealer, other than a manufacturer, the following:
(A) If a corporation, each officer, director, and shareholder having a ten percent (10%) or greater ownership interest in the corporation.
(B) If a corporation and it has no officer, director, or shareholder having a ten percent (10%) or greater ownership interest in the corporation, one (1) or more officers, directors, or shareholders designated in writing by the board of directors.
(C) If a sole proprietorship, the proprietor.
(D) If a partnership, each partner.
(E) If a limited liability company, each member of the company.
(2) For a licensed or applicant manufacturer, one (1) or more officers, directors, or shareholders designated in writing by the manufacturer.

IC 9-32-2.1-12

Added by P.L. 104-2024,SEC. 31, eff. 7/1/2024.