Section 137.05. 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.

History: Emerg. cr. eff. 4-7-77; cr. Register, November, 1977, No. 263 , eff. 12-1-77; renum. from MVD 27.05 and am. (1) (b), Register, July, 1980, No. 295 , eff. 8-1-80; reprinted to restore dropped copy, Register, April, 1984, No. 340 .