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A01125 Summary:
BILL NO | A01125 |
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SAME AS | SAME AS S05847 |
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SPONSOR | Jacobson |
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COSPNSR | |
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MLTSPNSR | |
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Amd §415, V & T L; amd §404, Fin Serv L | |
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Requires motor vehicle dealers to disclose price markups to the purchasers of motor vehicles; provides failure to so disclose shall be grounds for revocation of the dealer's registration and imposes civil liability to purchasers for damages; authorizes the financial frauds and consumer protection unit of the department of financial services to study problematic practices in the price markups of motor vehicle dealers. |