New Jersey S1423 amends motor vehicle dealer licensing requirements, including definitions and facility standards.
New Jersey S1423 amends the state's motor vehicle dealer licensing laws. It redefines "new motor vehicle dealer" to include authorized dealers of motor vehicle franchisors with an established place of business. The bill also introduces the term "motor vehicle franchisor" and modifies the definition of "nonconventional type motor vehicle." It mandates that applicants for new motor vehicle dealer licenses submit personal information for background checks and prohibits those convicted of fraud or misrepresentation in vehicle sales from obtaining a license.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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