SB364 Summary

• Prohibits manufacturers, distributors, and dealers of powersports vehicles from selling without first entering into a signed written dealer agreement effective June 1, 2015.

• Establishes unfair and deceptive trade practice protections preventing manufacturers from coercing dealers to accept unwanted inventory, forcing exclusive facilities, unreasonably denying model access, or discriminatorily pricing vehicles.

• Requires manufacturers to provide 90 days notice before terminating, canceling, or failing to renew dealer agreements, and mandates manufacturers prove good cause and act in good faith; dealers receive compensation for inventory and parts upon termination without good cause.

• Obligates warrantors to specify dealer obligations in writing, provide reasonable compensation schedules for warranty work and parts, and prohibits denying warranty claims except for documented cause like fraud or material noncompliance.

• Exempts powersports vehicle dealer agreements from existing motor vehicle franchise laws and establishes a two-year statute of limitations for civil actions to recover damages for violations.