As used in this part:
(1)
- (a) "Consignee" means a dealer who accepts vehicles for sale under an agreement that the dealer will pay the consignor for any sold vehicle and will return any unsold vehicles.
- (b) "Consignee" does not include a motor vehicle auction licensee except when the consignor is an individual who enters into a consignment transaction primarily for personal, family, or household purposes.
- (2) "Consignor" means a person who places a vehicle with a consignee for consignment sale.
Amended by Chapter 295, 2026 General Session