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Session Laws, 1987
Volume 769, Page 1120   View pdf image
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Ch. 27 2

LAWS OF MARYLAND

(d)  If a franchise required by this section is terminated
in accordance with § 15-209 of this title, the license of the
dealer shall be suspended automatically unless, before the
effective date of termination, the licensed dealer files
satisfactory evidence that the franchise has been extended. The
Administration immediately shall notify the licensee of the
suspension.

(e)  Notwithstanding subsections (a) and (f) of this
section, a manufacturer or distributor may be licensed as a
dealer only if the manufacturer or distributor:

(1)  Operates temporarily a dealership that:

(i) Was previously owned by a franchised
dealer; and

(ii) Is for sale to any qualified person at a
reasonable price; [or]

(2)  Operates a dealership in a bona fide relationship
in which an independent person:

(i) Has made a significant investment, subject
to loss, in the dealership; and

(ii) Can reasonably expect to acquire full
ownership of the dealership under reasonable terms and
conditions[.] ;OR

(3)  (I) IS A SECOND-STAGE MANUFACTURER AS DEFINED IN
§ 13-113.2(A)(7) OF THIS ARTICLE; AND

(II) DEALS ONLY IN CLASS E (TRUCK) VEHICLES
WITH A GROSS WEIGHT LIMIT OF 10,000 POUNDS OR MORE AS DEFINED IN
§ 13-916 OF THIS ARTICLE.

(f)  A manufacturer or distributor, or a person who is
acting for a partnership or corporation that is owned or
controlled by or under common control with a manufacturer or
distributor, may not sell a new vehicle to a retail buyer.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act is
declared to be an emergency measure and necessary for the
immediate preservation of the public health and safety and having
been passed by a yea and nay vote supported by three-fifths of
all the members elected to each of the two Houses of the General
Assembly, it shall take effect from the date of its passage.

Approved April 29, 1987.

- 1120 -

 

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Session Laws, 1987
Volume 769, Page 1120   View pdf image
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