Indiana Administrative Code › Title 75 - SECRETARY OF STATE › Article 5 - WATERCRAFT › Rule 2 - Watercraft Dealers › Section 2-3 - Dealer registration; plates and restrictions

Current through July 10, 2024
Authority: IC 9-32-3-1
Affected: IC 9-32
Sec. 3.
(a)
				Watercraft dealer registrations and license plates expire according to the
				schedule in IC 9-32-6-6.5.
(b) In
				addition to the requirements for watercraft dealer registration cards and
				watercraft dealer license plates under IC 9-32-8-8, the following requirements
				must be met by a watercraft dealer who holds a watercraft dealer registration
				card and watercraft dealer license plate:
(1)
				A watercraft dealer who wishes to receive a watercraft dealer registration card
				and watercraft dealer license plate shall be licensed and make an application
				for the watercraft dealer registration card and watercraft dealer license plate
				on a form prescribed by the secretary. The fee prescribed by IC 9-32-8-8 must
				accompany the application.
(2) A
				watercraft dealer registration card and set of two (2) watercraft dealer
				license plates must not be used to test or demonstrate more than one (1)
				watercraft at a time.
(3)
				Watercraft dealer registration cards and watercraft dealer license plates must
				be used exclusively in the usual and customary conduct and operation of the
				business of the watercraft dealer.
(4) Watercraft dealer registration cards and
				watercraft dealer license plates may not be used on a watercraft for which a
				watercraft dealer charges or receives compensation from a person other than an
				employee of the dealer.
(5)
				Watercraft dealer registration cards and watercraft dealer license plates may
				not be used on a watercraft leased or rented by the watercraft dealer to
				another person.
(6) Watercraft
				dealer registration cards and watercraft dealer license plates may not be used
				on a watercraft in excess of ten (10) days by a prospective buyer or service
				customer.
(7) Watercraft dealer
				registration cards and watercraft dealer license plates may not be used for the
				personal use of a watercraft unless the watercraft dealer or an employee of the
				watercraft dealer is present on the watercraft during its operation. To qualify
				as an employee under this subdivision, a bona fide employment relationship must
				be established by the watercraft dealer with the individual who claims to be an
				employee.
(8) Watercraft dealer
				registration cards and watercraft dealer license plates shall not be used to
				circumvent watercraft registration requirements including those requirements
				relating to taxation. An unlawful use of a watercraft dealer registration card
				or watercraft dealer license plate may be demonstrated by a watercraft dealer's
				possession of a watercraft on which a watercraft dealer registration card or
				watercraft dealer license plate is affixed:
(A) beyond the usual and customary period of
				time in the industry for holding a watercraft in inventory; or
(B) outside of the watercraft dealer's
				inventory for sale.
(9) A
				watercraft dealer registration card or watercraft dealer license plate must not
				be loaned, leased, or sold to a person who is not authorized to use the
				watercraft dealer registration card or watercraft dealer license plate or to a
				person who has or could obtain a watercraft dealer registration card or
				watercraft dealer license plate as a result of that person's
				business.