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(a) A person engaged in the wholesale or retail business of dealing in new or used motor vehicle parts, tires, or accessories shall make and keep at the place of business for a period of ninety (90) days, a record of:
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(1) All motor vehicle parts, tires, or accessories acquired by such a person by purchase, trade, or pawn from any person other than an authorized dealer in motor vehicle parts, tires, or accessories; and
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(2) Each completed transaction made pursuant to such an offer.
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(b) The record shall include:
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(1) A description of the part, tire, or accessory involved;
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(2) A description of the person from whom the part, tire, or accessory was acquired;
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(3) A description, including the license number, of any motor vehicle in that person’s possession; and
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(4) Such other information as may be reasonably required for the purpose of this chapter.
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(c) The record shall be kept available at the place of business for inspection by any law enforcement officer.