Sec. 16. Except as part of a change in a dealer business entity type, a dealer license or endorsement issued under this article or by the bureau of motor vehicles under IC 9-23 (before its repeal) may not be:
(1) loaned;
(2) leased;
(3) sold;
(4) transferred;
(5) copied;
(6) altered; or
(7) reproduced.