190A.060 New recreational vehicle dealer not prohibited from selling remaining in-stock recreational vehicles after termination or nonrenewal of dealer agreement.

KY Rev Stat § 190A.060 (2019) (N/A)

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190A.060 New recreational vehicle dealer not prohibited from selling remaining in- stock recreational vehicles after termination or nonrenewal of dealer agreement. The Motor Vehicle Commission shall not prohibit a new recreational vehicle dealer from selling the remaining in-stock recreational vehicles of a line-make subject to a dealer agreement after that dealer agreement has been terminated or not renewed pursuant to KRS 190A.040 or 190A.050. If recreational vehicles of a line-make that was subject to a terminated dealer agreement are not repurchased or required to be repurchased by the manufacturer, the dealer may continue to sell all recreational vehicles that were subject to the terminated dealer agreement and were in the dealer's inventory on the effective date of the termination until those recreational vehicles are no longer in the dealer's inventory. Effective: January 1, 2015 History: Created 2014 Ky. Acts ch. 27, sec. 6, effective January 1, 2015.

Previous Section

190A.050 New recreational vehicle dealer may terminate a dealer agreement with recreational vehicle manufacturer with or without good cause -- Conditions applicable to termination -- Burden of showing good cause -- Notice -- Clear title required for inventory to be repurchased by manufacturer.

Next Section

190A.070 Conditions applicable to proposed sale of business assets, stock transfer, or other transaction that will result in a change of ownership of a new recreational vehicle dealer except in cases of death, incapacity, or retirement of designated principal of dealer -- Conditions applicable to those cases.

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