Definitions

# (1)

“Lease” means an agreement (either written or oral) under which a lessor grants to a lessee the right to use property for a specified period or at the will of either the lessor or lessee. An agreement which purports to be a sale but which is in substance a lease shall be considered a lease.

# (2)

“Lessee” means any person to which a lease is made and any assignee of the person to which a lease is made.

# (3)

“Lessor” means any person that grants a lease and any assignee of the person that grants a lease other than an assignee for security or financing.

# (4)

“Person” means and includes an individual, partnership, firm, cooperative, corporation or any association of persons acting individually or as a unit.

# (5)

“Person required to collect the tax” shall include every lessor of property the use of which is subject to tax under § 4302 of this title, and shall also include any officer or employee of a corporate lessor of such property and any member of a partnership lessor of such property.

# (6)

“Place of business.” —

Each person leasing tangible personal property in this State shall be considered to have at least 1 “place of business” in this State.

# (7)

“Motor vehicle lessee” shall mean a lessee, as defined in this chapter, of a motor vehicle as defined in § 101 of Title 21.

# (8)

“Motor vehicle lessor” shall mean a lessor, as defined in this chapter, of a motor vehicle as defined in § 101 of Title 21.