New Jersey A4992 requires franchise agreements for the sale of all-terrain vehicles and certain watercraft.

New Jersey A4992 amends the Motor Vehicle Franchise Act to include retailers of recreational equipment such as all-terrain vehicles, personal watercraft, and recreational boats. The bill mandates formal franchise agreements for the retail sales of these vehicles and vessels, ensuring business practices comply with the Motor Vehicle Franchise Act. This change affects manufacturers and retailers of these recreational items, requiring them to adhere to the same franchise regulations as those for motor vehicles.

New Jersey A4992 requires franchise agreements for the sale of all-terrain vehicles and certain watercraft.

New Jersey A4992 amends the Motor Vehicle Franchise Act to include retailers of recreational equipment such as all-terrain vehicles, personal watercraft, and recreational boats. The bill mandates formal franchise agreements for the retail sales of these vehicles and vessels, ensuring business practices comply with the Motor Vehicle Franchise Act. This change affects manufacturers and retailers of these recreational items, requiring them to adhere to the same franchise regulations as those for motor vehicles.