HB0361 - Tennessee - Consumer Protection, Motor Vehicle Commission, Motor Vehicles

Companion Bill SB0883. Consumer Protection - Imposes certain requirements on motor vehicle dealers regarding conditional delivery agreements and trade-ins; violation may result in action against the dealer's license or civil penalty. - Amends TCA Title 47, Chapter 18 and Title 55, Chapter 17. Fiscal Summary for *HB0361 / SB0883Increase State Revenues - Not Significant Increase State Expenditures - Not Significant Increase Local Govt. Revenues - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *HB0361 / SB0883 This bill allows a consumer who purchases a motor vehicle from a licensed motor vehicle dealer to void the transaction by returning the vehicle to the dealer within three business days from the date of notice from the dealer that financing was not obtained and when: (1) The transaction [...]

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