Iowa HF2197 modifies compensation and time allowances for motor vehicle warranty services between franchisers and franchisees.
Iowa HF2197 amends the compensation and time allowances for motor vehicle warranty services between franchisers and franchisees. The bill requires franchisers to pay franchisees at least the rates and labor times charged for like parts and services to retail customers, provided these rates and labor times are reasonable. Franchisees must provide an itemized list of rates and labor times for warranty services performed.
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