Any motor vehicle that is twenty years of age or older may be sold at auction, if the auction is sponsored by a nonprofit automobile club subject to the provisions of chapters 47-22 to 47-28, inclusive. A nonprofit automobile club may not sponsor more than four auctions a year under this section. A violation of this section is a Class 2 misdemeanor.

Source: SL 1986, ch 27 , § 13; SL 1989, ch 255 , § 3; SL 2021, ch 131 , § 1.