Except as part of a change in a dealer business entity type, a dealer license or endorsement issued under this article or by the bureau of motor vehicles under IC 9-23 (before its repeal) may not be:

1. (1) loaned;
2. (2) leased;
3. (3) sold;
4. (4) transferred;
5. (5) copied;
6. (6) altered; or
7. (7) reproduced.

As added by P.L.174-2016, SEC.115. Amended by P.L.179-2017, SEC.96; P.L.88-2025, SEC.6.