This law outlines the dispute resolution process between manufacturers, distributors, and dealers regarding warranty issues, allowing parties to petition the Virginia Commissioner for a binding decision. It also prohibits manufacturers and related entities from owning or operating motorcycle dealerships in Virginia, with specific exceptions for transitional periods and sales. The law aims to regulate dealership ownership and ensure fair handling of warranty disputes.
Either party can petition the Virginia Commissioner for a hearing within 30 days of written notice. The Commissioner's decision is binding, subject to judicial review.
Generally no, it is unlawful for manufacturers or related entities to own or operate motorcycle dealerships, with some exceptions during transitions or sales.
Exceptions include temporary operation during transitions (up to one year), ownership during a sale under a bona fide contract, and cases approved by the Commissioner after a hearing.
No, the Commissioner cannot interpret or decide on the content or validity of any manufacturer's or distributor's warranty.