§ 3-3-5-3. EXEMPT VEHICLES.
   This chapter does not apply to the following vehicles:
   (A)   A vehicle in operable condition specifically adapted or constructed for operation on privately owned raceways;
   (B)   A vehicle stored as the property of a member of the armed forces of the United States who is on active duty assignment;
   (C)   A vehicle located on a lawful vehicle sale lot or at a lawful commercial vehicle servicing facility;
   (D)   A vehicle located upon property licensed and zoned as an automobile scrap yard; or
   (E)   A vehicle registered and licensed under I.C. 9-18-12 as an antique vehicle.