Bill > S0885

This bill extends certain regulatory protocols that previously applied only to motor vehicle manufacturers to also cover their distributors and factory branches, while updating warranty reimbursement and recall obligation policies. Specifically, the bill modifies several existing statutes to include distributors and factory branches in provisions related to dealership succession, establishing new dealerships, delivery obligations, warranty agreements, and recall repairs. Key changes include allowing a deceased or incapacitated dealer owner's designated family member to succeed in ownership with the same rights, requiring manufacturers, distributors, and factory branches to provide fair compensation for warranty and recall repairs, and establishing more detailed guidelines for how dealers can calculate and submit reimbursement claims. The bill also adds provisions to protect dealers during recall situations, such as requiring compensation if a vehicle cannot be sold due to a recall and parts are unavailable. The modifications aim to create more standardized and fair business practices between motor vehicle manufacturers, distributors, factory branches, and their dealers, with specific protections for dealer compensation and operational rights. The bill will take effect immediately upon its passage.

Business and Industry

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