39-22.1-01. Trailer dealer's license - Fees - Plates - Definition

39-22.1-01. Trailer dealer's license - Fees - Plates - Definition 1. A person may not engage in the business of buying, selling, or exchanging of trailers, or advertise or hold out to the public as being in the business of buying, selling, or exchanging of trailers without first being licensed. 2. Application for dealer's license and renewal license must be made to the director on forms as the director prescribes and furnishes, and the application must be accompanied by an annual fee of thirty dollars for which must be issued one dealer plate. The applicant for an initial trailer dealer license shall submit a nonrefundable fee of one hundred dollars for the initial inspection with the application. A dealer's license expires on December thirty-first of each year, and application for renewal of a dealer's license must be made on or before the expiration of the current dealer's license. Any dealer who fails to submit a renewal application before the expiration of the dealer's current license, in addition to all other fees due, shall pay a one hundred dollar fee at the time the dealer's license is renewed. 3. A trailer dealer's license may be issued only to those who will maintain a primary established place of business and will abide by all the provisions of law pertaining to trailer dealers. In addition, the dealer shall maintain that person's business records in one central location. 4. Upon the payment of a fee of ten dollars for each additional plate, the director shall register and issue dealer's license plates for use on any trailers owned by the licensed dealer, and the trailers bearing the dealer's license plates may be lawfully operated upon the public highways of this state by the dealer during the year of the registration, in the direct functions of demonstrating, buying, selling, or transporting trailers. A dealer's license plates expire on December thirty-first of each year. 5. The term "trailer" as used in this chapter does not include those trailers exempt from registration in chapter 39-04.