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Utah Code Title 41. Motor Vehicles § 41-3-201.5. Brokering of a new motor vehicle without a license prohibited

Current as of May 05, 2022 | Updated by FindLaw Staff

(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:

(i) new or used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(1); or

(ii) used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(2).

(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 or used 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.

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Cite this article: FindLaw.com - Utah Code Title 41. Motor Vehicles § 41-3-201.5. Brokering of a new motor vehicle without a license prohibited - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-41-motor-vehicles/ut-code-sect-41-3-201-5/

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