1.  ’Established place of business’ means an enclosed building or structure owned either in fee or leased with sufficient space to conduct the business of the dealer and large enough to accommodate the office or offices of the dealer and to provide a safe place to keep the books and other records of the business of the dealer, at which site or location the principal portion of the dealer’s business is conducted.

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2.  The books and records of a dealer must be kept and maintained at the dealer’s established place of business and be open to inspection during usual business hours by any authorized agent of the Division.