Sec. 9.9. "Dealer owner" means the following:
(1) For a transport operator, a licensed dealer, or an applicant dealer, other than a manufacturer, the following:
(A) If a corporation, each officer, director, and shareholder having a ten percent (10%) or greater ownership interest in the corporation.
(B) If a corporation and it has no officer, director, or shareholder having a ten percent (10%) or greater ownership interest in the corporation, one (1) or more officers, directors, or shareholders designated in writing by the board of directors.
(C) If a sole proprietorship, the proprietor.
(D) If a partnership, each partner.
(E) If a limited liability company, each member of the company.
(2) For a licensed or applicant manufacturer, one (1) or more officers, directors, or shareholders designated in writing by the manufacturer.
As added by P.L.179-2017, SEC.33. Amended by P.L.284-2019, SEC.7; P.L.120-2020, SEC.39; P.L.182-2021, SEC.3.