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(a) “Farm equipment” means a vehicle that:

(1) Is designed and adapted only for agricultural, horticultural, or livestock raising operations;

(2) Is designed and adapted only for lifting or carrying a vehicle described in paragraph (1) of this subsection; or

(3) Is designed and adapted for splitting firewood.

(b) Farm equipment also includes silvicultural equipment weighing 62,000 pounds or less gross weight.