GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

H	4 

HOUSE BILL 502
Committee Substitute Favorable 4/28/97
Committee Substitute #2 Favorable 7/9/97
Committee Substitute #3 Favorable 8/11/97

Short Title:  Definition of MV Dealer.	(Public)

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Sponsors:

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Referred to:  

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March 12, 1997

A BILL TO BE ENTITLED
AN ACT TO AMEND THE DEFINITION OF MOTOR VEHICLE IN THE DEALERS AND MANUFACTURERS LICENSING LAW TO INCLUDE PERSONAL WATERCRAFT AND ALL TERRAIN VEHICLES. 
The General Assembly of North Carolina enacts:
Section 1.  G.S. 20-286(10) reads as rewritten:
"(10)	Motor vehicle. – Any motor propelled vehicle, trailer or semitrailer, required to be registered under the laws of this State, or any personal watercraft as defined in G.S. 75A-13.2 or all terrain vehicle.
a.	'New motor vehicle' means a motor vehicle which has never been the subject of a sale other than between new motor vehicle dealers, or between manufacturer and dealer of the same franchise.
b.	'Used motor vehicle' means a motor vehicle other than described in paragraph (10)a above."
Section 2.  This act is effective when it becomes law.