TRUCK DEALER COST REIMBURSEMENT.

Printer-friendly: Click to view
View NCGA Bill Details2015-2016 Session
Senate Bill 674 (Public) Filed Thursday, March 26, 2015
AN ACT TO INCREASE THE AMOUNT OF COMPENSATION PAYABLE BY A MANUFACTURER, MANUFACTURER BRANCH, DISTRIBUTOR, OR DISTRIBUTOR BRANCH OF CERTAIN NEW MOTOR VEHICLES TO MOTOR VEHICLE DEALERS TO COVER CERTAIN COSTS.
Intro. by Apodaca.

Status: Ref to the Com on Judiciary I, if favorable, Finance (House Action) (Apr 29 2015)
S 674

Bill Summaries:

  • Summary date: Mar 31 2015 - View Summary

    Amends GS 20-305.1 as the title indicates; increases the compensation amount from $600 to $900. Makes additional clarifying and technical changes. Provides that the act applies to all current and future franchises and other agreements in existence between any new motor vehicle dealer located in state and a manufacturer or distributor as of the date that the act becomes effective.