North Carolina — Statute

NC 20-304. - NC 20-304.

NC 20-304. NC 20-304. - North Carolina Chapter 20 - Motor Vehicles. Free legal research.

Legal Content
North Carolina Law

NC 20-304. - NC 20-304.

Chapter 20 - Motor Vehicles

Section Overview

§ 20-304. Coercion of retail dealer by manufacturer or distributor in connection with installment sales contract prohibited. (a) It shall be unlawful for any manufacturer, wholesaler or distributor, or any officer, agent or representative of either, to coerce, or attempt to coerce, any retail motor vehicle dealer or prospective retail motor vehicle dealer in this State to sell, assign or transfer any retail installment sales contract, obtained by such dealer in connection with the sale by him in this State of motor vehicles manufactured or sold by such manufacturer, wholesaler, or distributor, to a specified finance company or class of such companies, or to any other specified persons, by any of the acts or means hereinafter set forth, namely: (1) By any statement, suggestion, promise or t...

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In simple terms: NC 20-304. NC 20-304. - 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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