(1) The general assembly hereby declares that:
The sale and distribution of powersports vehicles affects the public interest, and asignificant factor of inducement in making a sale of a powersports vehicle is the trust and confidence of the purchaser in the dealer from whom the purchase is made and the expectancy that the dealer will remain in business to provide service for the vehicle;
The proper sale and service of a powersports vehicle are important to consumer safety, and the manufacturers and distributors of powersports vehicles have an obligation to the public not to terminate or refuse to continue their franchise agreements with retail powersports vehicle dealers unless the powersports vehicle manufacturer or distributor has first established good cause for termination of any such agreement, to the end that there shall be no diminution of locally available service;
The licensing and supervision of powersports vehicle dealers by the motor vehicledealer board are necessary for the protection of consumers, and therefore, the sale of powersports vehicles by unlicensed dealers or salespersons, or by licensed dealers or salespersons who have demonstrated unfitness, should be prevented; and
Consumer education concerning the rules of the powersports vehicle industry, theconsiderations when purchasing a powersports vehicle, and the role, functions, and actions of the motor vehicle dealer board are necessary for the protection of the public and for maintaining the trust and confidence of the public in the motor vehicle dealer board.
Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 94, § 2, effective October 1.
Editor's note: This section is similar to former § 12-6-501 as it existed prior to 2018.