"Auto wholesale dealer" shall mean any person with an established place of business, who is exclusively engaged in the business of purchasing vehicles requiring registration for use upon a way, for resale to a retail or wholesale dealer. For the purposes of this definition, "exclusively engaged" shall mean the retail sale of less than 5 motor vehicles in any state in any 12-month period.
Source. 1997, 179:1, eff. Jan. 1, 1998.