North Carolina — Statute

NC 20-301.1. - NC 20-301.1.

NC 20-301.1. NC 20-301.1. - North Carolina Chapter 20 - Motor Vehicles. Free legal research.

Legal Content
North Carolina Law

NC 20-301.1. - NC 20-301.1.

Chapter 20 - Motor Vehicles

Section Overview

§ 20-301.1. Notice of additional charges against dealer's account; informal appeals procedure. (a) Notwithstanding the terms of any contract, franchise, novation, or agreement, it shall be unlawful for any manufacturer, factory branch, distributor, or distributor branch to charge or assess one of its franchised motor vehicle dealers located in this State, or to charge or debit the account of the franchised motor vehicle dealer for merchandise, tools, or equipment, or other charges or amounts which total more [than] five thousand dollars ($5,000), other than the published cost of new motor vehicles, and merchandise, tools, or equipment specifically ordered by the franchised motor vehicle dealer, unless the franchised motor vehicle dealer receives a detailed itemized description of the natur...

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In simple terms: NC 20-301.1. NC 20-301.1. - North Carolina Chapter 20 - Motor Vehicles. Free legal research.. This means people must follow this rule, and breaking it can lead to criminal penalties.

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