32-5B-1.5. Payment of excise tax by dealer required to take title--Subsequent purchaser not exempt.
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/sd/title-32/chapter-32-5/32-5b-1-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as provided in § 32-5-27 , any dealer who is required by law to take title to a motor vehicle, or required to take title to a motor vehicle for the purpose of resale because of the requirements of his dealer license, shall pay the excise tax established in § 32-5B-1 and the next purchaser is not exempt from the excise tax on the subsequent purchase.