32-7B-3. Classification of licenses.
Any dealer's license issued under this chapter shall be of the following classification:
(1)"Boat dealer's license," to permit the licensee to engage in the business of selling or exchanging new and used boats;
(2)"Used boat dealer's license," to permit the licensee to engage in the business of selling or exchanging used boats only.
A license issued in any of the above classifications allows a boat dealer to engage in the business of selling or exchanging new and used boat trailers without a separate license or additional fee.
Source: SL 1998, ch 185, §3.