Aircraft dealer definition
Aircraft dealer means every person, partnership, association, corporation, or limited liability company engaged in the business of buying, selling, leasing, or exchanging more than three aircraft in any twelve consecutive months, except for a business liquidation of used aircraft, or who advertises or holds out to the public as being engaged in the business of buying, selling, leasing, or exchanging of aircraft. Any person, partnership, association, corporation, or limited liability company doing business in several locations or airports must be considered a separate dealer in each location.
Aircraft dealer s certificate" means a certificate granted under section 20(7),
Examples of Aircraft dealer in a sentence
Aircraft dealer shall be an authorized factory dealership or sub-dealership having a “license” or the permits required by the state, and knowledge of applicable Ohio statutes concerning sales, contracts, and warranties.