Missouri SB1081 modifies compensation rules for motor vehicle franchisors and franchisees.
Missouri SB1081 modifies provisions relating to compensation made by motor vehicle franchisors to franchisees. The bill outlines specific compensation requirements for warranty repairs, recall repairs, and sales or service promotion events. It mandates that franchisors fairly compensate franchisees for preparation, delivery, and warranty service, including recall repairs. The bill also specifies that claims for reimbursement must be paid within ten days after approval and that any claim not specifically disapproved within sixty days is considered approved.
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