1. A person may engage in the business of conducting a collector motor vehicle auction without obtaining a motor vehicle dealer's license as otherwise required by this chapter if: a. Each motor vehicle sold or offered for sale at the auction is a collector, antique, or special interest vehicle; b. The sale is open to the public; c. The person conducts no more than two collector motor vehicle auctions per year; d. The site of the auction is located on property zoned or otherwise approved for this purpose by the appropriate zoning authority; and e. The auction lasts no more than two days. 2. Collector motor vehicle auctions that comply with this section may be conducted any day of the week and sections 39 -22-07.1 and 39 -22-20 do not apply to motor vehicle dealers who participate in collector motor vehicle auctions. 3. A collector motor vehicle is a vehicle that is at least twenty -five years old; an antique motor vehicle is a vehicle that is at least forty years old; and a special interest vehicle is a vehicle that has an appreciating value because of rarity, originality, or limited production of an anniversary edition.
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