41-3-201.5.   Brokering of a new motor vehicle without a license prohibited.
     (1) (a) A person may not, for a fee, commission, or other form of compensation, arrange, offer to arrange, or broker a transaction involving the sale or lease of more than two new motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(1).
     (b) Each transaction a person arranges, offers to arrange, or brokers involving the sale or lease of a motor vehicle for a fee, commission, or other form of compensation is a separate violation under this section if:
     (i) the person has for a fee, commission, or other form of compensation, arranged, offered to arrange, or brokered the sale or lease of more than two new motor vehicles within the previous 12 consecutive month period; and
     (ii) the person is not licensed under Subsection 41-3-202(1).
     (2) A person who violates this section is guilty of a class B misdemeanor.

Amended by Chapter 105, 2007 General Session
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Last revised: Thursday, May 01, 2008