motor vehicle dealer

(2) Motor vehicle dealer The term “motor vehicle dealer” means any person or resident in the United States, or any territory of the United States, who— (A) is licensed by a State, a territory of the United States, or the District of Columbia to engage in the sale of motor vehicles; and (B) takes title to, holds an ownership in, or takes physical custody of motor vehicles.


12 USC § 5519(f)(2)

Scoping language

For purposes of this section
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