A dealer must have:

1. (1) a certificate of title;
2. (2) an assigned certificate of title;
3. (3) a manufacturer's certificate of origin;
4. (4) an assigned manufacturer's certificate of origin; or

5. (5) other proof of ownership or evidence of right of possession as determined by the secretary;

   for a motor vehicle or watercraft in the dealer's possession.

As added by P.L.92-2013, SEC.78. Amended by P.L.151-2015, SEC.41; P.L.174-2016, SEC.50; P.L.179-2017, SEC.41.