GENERAL ASSEMBLY OF NORTH CAROLINA
1997 SESSION

S.L. 1997-429
SENATE BILL 699

AN ACT TO PROVIDE THAT THE PLACE OF BUSINESS OF A MOTOR VEHICLE DEALER WHO SELLS ONLY TRAILERS OR SEMITRAILERS DOES NOT HAVE TO MEET THE REQUIREMENTS SET FOR AN ESTABLISHED OFFICE OR SALESROOM OF A MOTOR VEHICLE DEALER.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 20-288(d) reads as rewritten:
"(d)	To obtain a license as a wholesaler, an applicant who intends to sell or distribute self-propelled vehicles must have an established office in this State, and an applicant who intends to sell or distribute only trailers or semitrailers of less than 2500 pounds unloaded weight must have a place of business in this State where the records required under this Article are kept.
To obtain a license as a motor vehicle dealer, an applicant who intends to deal in self-propelled vehicles must have an established salesroom in this State, and an applicant who intends to deal in only trailers or semitrailers of less than 2500 pounds unloaded weight must have a place of business in this State where the records required under this Article are kept.
An applicant for a license as a manufacturer, a factory branch, a distributor, a distributor branch, a wholesaler, or a motor vehicle dealer must have a separate license for each established office, established salesroom, or other place of business in this State.  An application for any of these licenses shall include a list of the applicant's places of business in this State."
Section 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 11th day of August, 1997.
s/	Dennis A. Wicker
President of the Senates/	Harold J. Brubaker
Speaker of the House of Representatives
s/	James B. Hunt, Jr.
Governor
Approved 2:24 p.m. this 22nd day of August, 1997