SB 17-210

  • Colorado Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Mar 03, 2017
  • Senate
  • House
  • Governor

Motor Vehicle Manufacturer And Distributor Stop-sale

Abstract

The bill requires the manufacturer or distributor to reimburse a motor vehicle dealer for any stop-sale directive from 90 days after the directive is issued until the vehicle is sold or a repair solution is provided. The reimbursement rate is one percent of the wholesale value per month. The duty to reimburse occurs when: The motor vehicle is a used motor vehicle; The motor vehicle dealer holds an active sales, service, and parts agreement with the manufacturer or distributor for the line-make of the used motor vehicle; The motor vehicle is in the motor vehicle dealer's inventory when the stop-sale directive is issued; and The manufacturer or distributor does not provide a remedy procedure or make a part available to repair the used motor vehicle for more than 90 days after the stop-sale directive is issued.(Note: This summary applies to this bill as introduced.)

Bill Sponsors (1)

Votes


Actions


Mar 21, 2017

Colorado General Assembly

Senate Committee on Transportation Postpone Indefinitely

Transportation

Mar 03, 2017

Colorado General Assembly

Introduced In Senate - Assigned to Transportation

  • Introduction
Transportation

Bill Text

Bill Text Versions Format
Committee Amendment PDF
Introduced (03/03/2017) PDF

Related Documents

Document Format
Fiscal Note FN1 (03/13/2017) PDF
Fiscal Note FN2 (07/27/2017) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.