Establishes the "Motor Vehicle Open Recall Notice and Fair Compensation Act" to protect motor vehicle franchisees.
The bill establishes the "Motor Vehicle Open Recall Notice and Fair Compensation Act," which supplements the "Franchise Practices Act" and amends various sections of law concerning franchise practices. The bill requires motor vehicle franchisors to reimburse franchisees for labor services and parts provided in the performance of an open recall, warranty, or other service agreement. It also mandates that franchisors notify franchisees within 30 days of an on-site audit if they plan to charge back any claims.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.