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A04856 Summary:

BILL NOA04856
 
SAME ASNo Same As
 
SPONSORBlake
 
COSPNSRDickens, Arroyo, Sayegh
 
MLTSPNSREpstein
 
Amd 301, Fin Serv L; amd 302, Pers Prop L; add 417-d & 417-e, V & T L
 
Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.
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