Current through 131st (2023-2024) Legislature Chapter 684
Section 1174-D - Compensation for new vehicles with safety defect1.Compensation required. A manufacturer must compensate a motor vehicle dealer pursuant to 49 United States Code, Section 30116 (2016). A manufacturer is not required by this subsection to pay more than the total value of the affected new motor vehicle to a dealer. [2017, c. 217, §7(NEW).]
2.Civil action; statute of limitations. If a manufacturer refuses to comply with subsection 1, the motor vehicle dealer may file a complaint with the board pursuant to section 1188 or bring a civil action to recover damages, court costs and reasonable attorney's fees. Notwithstanding section 1183, the action must be commenced within 3 years after the cause of action accrues. [2017, c. 217, §7(NEW).]
Added by 2017, c. 217,§ 7, eff. 11/1/2017.