Issuance of motor vehicle wholesaler’s licenses to converters

Issuance of motor vehicle wholesaler’s licenses to converters. (1) A converter is eligible for a motor vehicle wholesaler’s license if: (a) The converter modifies or converts new complete motor vehicles; (b) The conversion work does not constitute manufacturing as defined in s. Trans 137.03 (5) ; and (c) The converter owns the completed unit on which the converter’s conversion operations were performed. (2) A converter operating under a valid motor vehicle wholesaler’s license may: (a) Be assigned and may reassign original MSOs; and (b) Operate the converted vehicles on a public highway with distributor plates assigned to the converter. (3) A converter operating under a valid motor vehicle wholesaler’s license may not: (a) Engage in retail sales of the vehicles without a motor vehicle dealer’s license and without being franchised by the original manufacturer to sell new motor vehicles of that type and make; (b) Issue its own manufacturer’s statements of origin; or (c) Appoint as its own franchised dealers any dealer that is not already franchised to sell new motor vehicles of the same make and type as the converted vehicle.