Bill Summaries: S674 (2015-2016 Session)

Tracking:
  • 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.