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FRANCHISE LAW

18

factory branch, as such terms are defined in section four

hundred sixty-two of this title, or to any subsidiary, affiliate

or controlled entity thereof, prior to March twenty-sixth, two

thousand fourteen; provided, however, that such franchisor,

manufacturer, distributor, distributor branch or factory branch,

or any subsidiary, affiliate or controlled entity thereof, is a

manufacturer that manufactures or assembles exclusively zero

emissions vehicles, or is a subsidiary, affiliate, or controlled entity

of such a manufacturer; and provided further that a controlling

interest in such original franchisor, manufacturer, distributor,

distributor branch or factory branch or any subsidiary, affiliate

or controlled entity was not transferred, sold or conveyed to

another person or entity, other than to a subsidiary, affiliate or

controlled entity of such franchisor, manufacturer, distributor,

distributor branch or factory branch. For purposes of this

paragraph, zero emission vehicles shall have the same meaning

as under part two hundred eighteen of title six of the New York

code of rules and regulations.

460. Legislative findings

The legislature finds and declares that the distribution and sale

of motor vehicles within this state vitally affects the general

economy of the state and the public interest and the public

welfare, and that in order to promote the public interest and

the public welfare and in the exercise of its police power,

it is necessary to regulate motor vehicle manufacturers,

distributors and factory or distributor representatives and to

regulate dealers of motor vehicles doing business in this state

in order to prevent frauds, impositions and other abuses

upon its citizens and to protect and preserve the investments

and properties of the citizens of this state.

461. Short title

This article shall be known and may be cited as the

“franchised motor vehicle dealer act”.

VTL ARTICLE 17-A (EFF.1/1/12)

FRANCHISED MOTOR

VEHICLE DEALER ACT