CS/HB 989

Motor Vehicle Manufacturers, Importers, and Distributors and Franchised Motor Vehicle Dealers; Authorizes licensee to reject ownership succession of motor vehicle dealer if such succession will cause violation of certain provisions; clarifies what motor vehicles licensee must repurchase from motor vehicle dealer upon termination of franchise agreement; provides that licensee who distributes 1,000 or more motor vehicles of particular line-make to motor vehicle dealers in this state during any 12-month period must have established network of at least three independent motor vehicle dealers in this state; authorizes licensee to reject proposed change in ownership if such change would cause violation of certain provisions.