Manufacturer or distributor; right of first refusal. (SB1464)

Introduced By

Sen. Jeremy McPike (D-Dale City)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Manufacturer or distributor right of first refusal. Provides that a manufacturer or distributor shall not exercise or enforce a right of first refusal in the event of a proposed sale or transfer of a dealership or change in management of a dealership if such sale or transfer is to a dealer licensed in the United States as a dealer holding a franchise from any manufacturer or distributor licensed as a manufacturer or distributer in the Commonwealth. Amends § 46.2-1569.1, of the Code of Virginia. Read the Bill »

Status

01/08/2019: Awaiting a Vote in the Transportation Committee

History

DateAction
01/08/2019Prefiled and ordered printed; offered 01/09/19 19101601D
01/08/2019Referred to Committee on Transportation

Hearing Scheduled

This bill is scheduled to be heard in the Senate Transportation committee on 01/23/2019. It meets on Wednesday, 1/2 hour after adjournment - Senate Room A.

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