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A05225 Summary:
| BILL NO | A05225 |
| SAME AS | SAME AS S06543 |
| SPONSOR | Jacobson |
| COSPNSR | |
| MLTSPNSR | |
| Amd §415, V & T L; amd §404, Fin Serv L | |
| 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. | |