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Current as of January 01, 2024 | Updated by Findlaw Staff
A manufacturer, importer, or distributor of new motor vehicles, or a subsidiary thereof, may not own, operate, or control a motor vehicle dealership in this state. This section does not apply if:
1. The ownership and operation is for a temporary period not to exceed one year during the transition from one owner or operator to another;
2. The dealership is being sold under a bona fide contract or purchase option to the operator of the dealership, or a contract exists under which the operator of the dealership can expect to acquire full ownership of or a controlling interest in the dealership, and after the transfer of ownership is completed the dealership will not be owned, operated, or controlled by the manufacturer, importer, or distributor, or a subsidiary thereof; or
3. The department determines there is no prospective independent dealer available to own or operate the dealership in a manner consistent with the public interest and meeting the requirements of this chapter.
Any person violating this section is guilty of a class A misdemeanor.
Cite this article: FindLaw.com - North Dakota Century Code Title 39. Motor Vehicles § 39-22-24. Factory store prohibited--Penalty - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-39-motor-vehicles/nd-cent-code-sect-39-22-24/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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