It's interesting that the word "presumed" is used. That implies that the presumption can somehow be overcome.
It's interesting that the word "presumed" is used. That implies that the presumption can somehow be overcome.
They have that same law here in NC. I went to the DMV to inquire about getting a wholesalers license and was advise by the DPS trooper that if I sole more than (I think) 7 vehicles then it was a class III FELANY! And when he asked me the question he cautioned me on how I answered it. MOst people get around the law by putting vehicles in family members names. Getting a wholesaler license here in NC is rediculous at the conditions that must be met.