§47-12-502.

§47-12-502.
   
   As used in the Odometer Setting Act:
   
   1. "Odometer" means an instrument for measuring and recording the
   actual distance a motor vehicle travels while in operation; but shall
   not include any auxiliary odometer designed to be reset by the
   operator of the motor vehicle for the purpose of recording mileage for
   a limited purpose;
   
   2. "Repair and replacement" means to restore to sound working
   condition by replacing the odometer or any part thereof or by
   correcting the inoperative part;
   
   3. "Transfer" means to change ownership of a motor vehicle by
   purchase, sale or any other means wherein there is an exchange of
   monetary or equivalent compensation;
   
   4. "Transferee" means any person to whom ownership of a motor vehicle
   is transferred by purchase or any other means wherein there is an
   exchange of monetary or equivalent compensation;
   
   5. "Transferor" means any person who transfers his ownership in a
   motor vehicle by sale or any other means wherein there is an exchange
   of monetary or equivalent compensation; and
   
   6. "True mileage driven" means the amount of mileage a motor vehicle
   has been driven as registered by the odometer within the designed
   tolerance of the manufacturer.