Current through 2024 Legislative Session
Section 39-22-27 - Collector motor vehicle auctions1. A person may engage in the business of conducting a collector motor vehicle auction without obtaining a motor vehicle dealer's license as otherwise required by this chapter if: a. Each motor vehicle sold or offered for sale at the auction is a collector, antique, or special interest vehicle;b. The sale is open to the public;c. The person conducts no more than two collector motor vehicle auctions per year;d. The site of the auction is located on property zoned or otherwise approved for this purpose by the appropriate zoning authority; ande. The auction lasts no more than two days.2. Collector motor vehicle auctions that comply with this section may be conducted any day of the week and sections 39-22-07.1 and 39-22-20 do not apply to motor vehicle dealers who participate in collector motor vehicle auctions.3. A collector motor vehicle is a vehicle that is at least twenty-five years old; an antique motor vehicle is a vehicle that is at least forty years old; and a special interest vehicle is a vehicle that has an appreciating value because of rarity, originality, or limited production of an anniversary edition.