Motor Vehicle Manufacturers, Importers, and Distributors and Franchised Motor Vehicle Dealers
S Died in Rules, companion bill(s) passed, see SB 488 (Ch. 2026-39)
Summary
SB 1562 would let licensees reject heirs or buyers of a dealer franchise if they fail qualification standards, harm the public interest, or would cause a regulatory breach. It also caps the number and percentage of new vehicles a licensee can send to a single dealer or a group of dealers with common ownership, and requires licensees to reimburse dealers for certain vehicle and equipment costs. The bill targeted manufacturers, importers, distributors and franchised dealers, but it died in committee.
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