HB1956 - Tennessee: Business And Commerce, Motor Vehicles, Titles, Short

Companion Bill SB2016. Motor Vehicles - Enacts the "Motorcycle and Off-Road Vehicle Dealer Fairness Act." - Amends TCA Title 47, Chapter 25. Fiscal Summary for *HB1956 / SB2016MINIMAL Bill Summary for *HB1956 / SB2016 This bill imposes certain requirements on retail agreements involving motorcycles and off-road vehicles, as follows: (1) This bill prohibits suppliers from terminating, canceling, failing to renew or substantially changing the competitive circumstances of a retail agreement without good cause. A "retail agreement" is an agreement between two or more persons by which a person receives the right to sell or lease inventory or services at retail or wholesale or use a trade name, trademark, service mark, logotype, advertising, or other commercial symbol. The bill specifies what will be considered "good cause," including the dealer [...]

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