Bill > A5568

This bill addresses the business hours and operational requirements for used motor vehicle dealers located within a multi-dealer location. Specifically, the bill requires such dealers to maintain at least four business hours per week, Monday through Saturday, between 9:00 a.m. and 5:00 p.m. During these hours, either the licensee or an authorized signatory must be personally present at their established place of business. Additionally, a multi-dealer representative must be physically present at the location Monday through Friday from 9:00 a.m. to 5:00 p.m. The bill defines a "multi-dealer location" as a single structure with multiple office spaces housing discrete used motor vehicle dealerships that comply with New Jersey Motor Vehicle Commission regulations. Importantly, the multi-dealer representative does not need to be an authorized signatory for any specific dealer to serve in this role. This legislation aims to ensure accountability and accessibility for used motor vehicle dealers operating within shared commercial spaces, providing clearer guidelines for their business operations and customer interactions.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2024/A5568