SB1939 regulates motor vehicle franchise agreements, prohibiting unfair practices and ensuring fair compensation for dealers.
SB1939 amends the Motor Vehicle Franchise Act to protect dealers' rights and ensure fair business practices. It prohibits manufacturers from engaging in unfair competition, such as bypassing the franchise network or imposing unreasonable conditions on dealers. The bill mandates fair compensation for dealers, including adequate markup percentages and timely payments for warranty repairs. It also outlines procedures for dealers to challenge decisions regarding franchise transfers or relocations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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