Sec. 10. Sections 8 and 9 of this chapter do not apply to commercial transactions between two (2) or more of the following:
(1) An entity licensed by the secretary of state under IC 9-32-9 as:
(A) an automotive salvage rebuilder;
(B) a disposal facility; or
(C) a used parts dealer.
(2) A valuable metal dealer.
(3) An automobile scrapyard (as defined by IC 9-13-2-8).
(4) A scrap metal processor (as defined by IC 9-13-2-162).
As added by P.L.224-2013, SEC.12. Amended by P.L.149-2016, SEC.77.