39-22-26. Brokering of motor vehicles prohibited - Penalty

39-22-26. Brokering of motor vehicles prohibited - Penalty A person may not act as, offer to act as, or hold out to be a motor vehicle broker. As used in this section, a broker is a person who, for a fee, commission, or other valuable consideration, arranges or offers to arrange a transaction involving the sale or exchange of a motor vehicle, and who is not: 1. A dealer or a bona fide agent or employee of a dealer; 2. A representative or a bona fide agent or employee of a manufacturer; 3. The bona fide owner of the motor vehicle involved in the transaction; or 4. A bona fide auctioneer conducting an auction involving motor vehicles not owned by the auctioneer. Any person violating this section is guilty of a class A misdemeanor.