From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Authorizes licensee to reject ownership succession of motor vehicle dealer if such succession will cause violation of certain provisions; clarifies what motor vehicles licensee must repurchase from motor vehicle dealer upon termination of franchise agreement; provides that licensee who distributes 1,000 or more motor vehicles of particular line-make to motor vehicle dealers in this state during any 12-month period must have established network of at least three independent motor vehicle dealers in this state; authorizes licensee to reject proposed change in ownership if such change would cause violation of certain provisions.