60-1403.01 License required; restriction on issuance; exception. - Nebraska Statutes

60-1403.01. License required; restrictionon issuance; exception.(1) No person shall engage in thebusiness as, serve in the capacity of, or act as a motor vehicle, trailer,or motorcycle dealer, wrecker or salvage dealer, salesperson, auction dealer,dealer's agent, manufacturer, factory branch, factory representative, distributor,distributor branch, or distributor representative in this state without beinglicensed by the board under the Motor Vehicle Industry Regulation Act. No salesperson'slicense shall be issued to any person under the age of sixteen, and no dealer'slicense shall be issued to any minor. No wrecker or salvage dealer's licenseshall be issued or renewed unless the applicant has a permanent place of businessat which the activity requiring licensing is performed and which conformsto all local laws.(2) A license issued under theact shall authorize the holder thereof to engage in the businessor activities permitted by the license subject to the act and the rules and regulations adoptedand promulgated by the board under the act.(3) This section shall not apply to a licensed real estate salespersonor broker who negotiates for sale or sells a trailer for any individual whois the owner of not more than two trailers. SourceLaws 1971, LB 768, § 5; Laws 1972, LB 1335, § 2; Laws 1974, LB 754, § 3; Laws 1983, LB 234, § 20; Laws 2000, LB 1018, § 2; Laws 2003, LB 498, § 2; Laws 2010, LB816, § 56.