61-1-314. Dealer. (1) "Dealer" means:
     (a) a person, firm, association, or corporation that, for commission or profit, engages in whole or in part in the business of buying, selling, exchanging, or acting as a broker of either new or used motor vehicles, or both, and who qualifies for issuance of a dealer's license under 61-4-101 through 61-4-105; or
     (b) an owner of real property who allows more than three new or used motor vehicles not titled in the property owner's or the seller's name to be offered for sale on the property during 1 calendar year unless the property is leased to a motor vehicle dealer licensed under 61-4-101 and the vehicles offered for sale are bona fide units of the licensed dealer's inventory.
     (2) The term "dealer" does not include the following:
     (a) receivers, trustees, administrators, executors, guardians, or other persons appointed by or acting under a judgment or order of any court of competent jurisdiction;
     (b) employees of the persons included in subsection (2)(a) when engaged in the specific performance of their duties as employees; or
     (c) public officers while performing or in the operation of their duties.

     History: (1)En. Sec. 2, Ch. 144, L. 1937; Sec. 51-202, R.C.M. 1947; (2)En. 51-609 by Sec. 1, Ch. 381, L. 1977; Sec. 51-609, R.C.M. 1947; (3)En. Sec. 12, Ch. 75, L. 1917; amd. Sec. 3, Ch. 207, L. 1919; re-en. Sec. 1763, R.C.M. 1921; re-en. Sec. 1763, R.C.M. 1935; amd. Sec. 4, Ch. 88, L. 1943; amd. Sec. 1, Ch. 139, L. 1945; amd. Sec. 1, Ch. 199, L. 1947; amd. Sec. 4, Ch. 256, L. 1965; Sec. 53-133, R.C.M. 1947; R.C.M. 1947, 51-609(2), 53-133(part); amd. Sec. 18, Ch. 421, L. 1979; amd. Sec. 1, Ch. 383, L. 1991; amd. Sec. 73, Ch. 10, L. 1993.