SB364 Alabama 2015 Session

Existing law does not specifically prohibit manufacturers, distributors, and dealers of powersports vehicles from selling the vehicles without first entering into a manufacturer's and dealer's agreement

This bill would prohibit manufacturers, distributors, and dealers of powersports vehicles from selling the vehicles without first entering into a manufacturer's and dealer's agreement

This bill would provide the requirements for the agreement

This bill would provide for the termination, cancellation, nonrenewal, or alteration of the agreement

This bill would provide for the repurchase of the inventory

This bill would provide for the transfer of the ownership interest in a dealership

This bill would provide for the obligation of a warrantor

Relating to manufacturers, distributors, and dealers of powersports vehicles; to prohibit manufacturers, distributors, and dealers from selling powersports vehicles without having first entered into a dealer agreement; to provide for termination, cancellation, nonrenewal, or alteration of the agreement; to provide for repurchase of inventory; to provide for the transfer of an ownership interest in a dealership; to provide for obligations of a warrantor; and to amend Section 8-20-2, Code of Alabama 1975, to provide that the Motor Vehicle Franchise Act will not apply to any dealer agreement between powersports vehicle manufacturers and dealers to the extent that such agreement relates to the sales of powersports vehicles.