Each license shall state:
(1) The type of vehicles in which the licensee may deal;
(2) The locations from which the licensee may deal in that type of vehicle;
(3) If it is a license to deal in new vehicles, the make of new vehicles in which the licensee may deal;
(4) As to a wholesale dealer, that the wholesale dealer may not sell a vehicle to or exchange vehicles with a retail buyer; and
(5) As to a wholesale dealer, that the wholesale dealer may not buy, sell, or exchange new vehicles.
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