HB 989
Motor Vehicle Manufacturers, Importers, and Distributors and Franchised Motor Vehicle Dealers
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Motor Vehicle Manufacturers, Importers, and Distributors and Franchised Motor Vehicle Dealers; Authorizes licensee to reject ownership succession of motor vehicle dealer if such succession will cause violation of certain provisions; clarifies what motor vehicles licensee must repurchase from motor vehicle dealer upon termination of franchise agreement; provides that licensee who distributes 1,000 or more motor vehicles of particular line-make to motor vehicle dealers in this state during any 12-month period must have established network of at least three independent motor vehicle dealers in this state; authorizes licensee to reject proposed change in ownership if such change would cause violation of certain provisions.
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